Republic of Congo: Eni drops marginal fields

Issue 424 - 08 Oct 2020

National oil company Société Nationale des Pétroles du Congo (SNPC) has taken over operating assets previously held by Eni, as the Italian major scales down all but its core assets in Republic of Congo. Eni Congo’s decision to pull out of the 39.25km2 Zingali and 61.17km2 Loufika blocks was presented to the council of ministers by hydrocarbons minister Jean-Marc Thystère-Tchicaya on 23 September, with the recommendation that SNPC takes over the assets.

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