LNG

Italian energy company Eni has upgraded the resources by more than three times in the Ndungu field offshore the LNG-producing nation of Angola and said the move showed how improved technology can alter the profile and economic viability of a discovery.

Eni of Italy has achieved the start-up of the Cabaça North project offshore Angola as the southwest African nation has also just awarded nine onshore licences to 14 companies for blocks in the Congo River basin and a basin further to the south.