Eni Approves Baleine Phase 3 Investment with Partners
On May 25, 2026, Eni (E) approved the final investment decision for the Baleine Phase 3 project in partnership with Petroci and Vitol. The development is expected to significantly boost oil production from 60,000 to 150,000 barrels per day and gas output from 80 to 200 million cubic feet per day.
Tickers: $E
Topics: Energy Oil & Gas Exploration Partnerships