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Italian major Eni on 27 November announced a €385m ($436m) deal to sell a 49.9% stake in its Trans-Tunisian Pipeline Company (TTPC) and Trans-Mediterranean Pipeline Company (TMPC) subsidiaries to Italian pipeline operator Snam. The two subsidiaries operate the gas pipelines that connect Algeria to Italy, passing through Tunisia.
Issue 451 - 08 December 2021
The problems of Nigeria’s southeast are rarely far from being a political and oil company preoccupation. Issues of governance and reputational damage weigh heavy on majors’ perceptions about operating in a lucrative but troubled region as lawyers busy themselves acting for local communities against Royal Dutch Shell and potentially other IOCs in a series of class actions. The new military top team appointed by President Muhammadu Buhari is challenged with reducing insecurity, including from rising levels of piracy in the Gulf of Guinea.
Issue 433 - 25 February 2021
Gas, Downstream, Upstream, Politics
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