Middle East Gas Game Accelerates As ENI Wins Concessions
Italian oil and gas major ENI has left other international oil majors behind as it has been awarded a long-range of new concession agreements with Abu Dhabi’s national oil company ADNOC, Sharjah’s national oil SNOC and Bahrain’s national oil and gas authority NOGA. In a surprise sweep, the Italians beat Asian and Western competitors for several major offshore opportunities, bringing the company in as one of the major players in the Arabian Gulf constellation.