Eni will expand its exploration activities in Congo. The six-legged dog announced that the CEO, Claudio Descalzi, and the Congolese Minister of Hydrocarbons, André Raphael Loemba, in the presence of the President of Congo Dennis Sassou Nguesso and the Italian Prime Minister, Matteo Renzi, signed yesterday a Brazaville a cooperation agreement in which the will to pursue is affirmed new initiatives in the Congolese coastal basin, which extends from onshore Mayombe to deep-offshore.
Eni indicates in a note that the signing was held as part of the official visit of the Italian Prime Minister to Congo. On this occasion, Claudio Descalzi confirmed the historical and strategic importance of the country for the group and reaffirmed the company's maximum commitment to continue developing its activities, in particular the fields with respect to which, following a strategic negotiation, the Congolese government at the end of 2013 extended the permits (Madingo, Marine VI and Marine VII).
Despite the important agreement, the Eni stock is weak at the opening of the session in Piazza Affari: it loses 0,2% to 19,53 euros. Weighing on the action are fears about new sanctions on Russia.
