Eni Announces Significant Gas Discoveries Offshore Libya [Yahoo! Finance]
ENI S.p.A. (E)
US:NYSE Investor Relations:
eni.com/en_it/investors.page
Company Research
Source: Yahoo! Finance
Eni Announces Significant Gas Discoveries Offshore Libya Eni S.p.A. (NYSE:E) operates as an integrated energy company in Italy, the rest of Europe, the United States, Asia, Africa, and internationally. Eni S.p.A. (NYSE:E) revealed on March 16 that it had two new discoveries totalling more than 1 Tcf of natural gas offshore Libya as a result of the company's exploration campaign started in the ?past months. The gas-bearing intervals were found in the Metlaoui formation, with the acquired data indicating the presence of a high-quality reservoir. According to Libya's state-run National Oil Corporation, the finds are expected to contribute around 130 million cubic ?feet of gas per day, to be supplied to the local market and exported to Italy. Eni S.p.A. (NYSE:E) has maintained a presence in Libya since 1959 and remains the country's leading international operator, with reported equity production of 162, 000 boe/day in 2025. The company currently has three development projects in ex
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