Italy's Eni Acquires Key Gas-Production Sites in Algeria

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Researched by Industrial Info Resources (Sugar Land, Texas)--Eni SpA (Rome, Italy) recently acquired BP plc's (NYSE:BP) (London, England) business in southern Algeria, including the two gas-producing concessions: In Amenas and In Salah.

Sonatrach (Hydra, Algeria), along with BP and Equinor (NYSE:EQNR) (Stavanger, Norway), operated the aforesaid assets in Algeria. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Plant Database can read detailed reports on the In Amenas and In Salah facilities.

ENI is strengthening its presence with not only the new purchase of BP's assets but also with its development plans of Bir Berkine Block 404 and 208 expansion. The purpose is to contribute in Europe's imminent gas needs. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can read detailed reports on the Block 404 and Block 208 projects.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).