Eni accelerates Junin 5 to 400,000 bpd and Denise output by late 2027
Eni is pushing a $1.5B expansion of Venezuela’s Junin 5 toward 400,000 bpd by 2030 and targeting Denise gas output in Egypt for late 2027. It also takes a 50% stake in Uruguay’s OFF-5 exploration.
A. 5B push to expand Venezuela’s Junin 5 toward 400,000 bpd by 2030 and a faster timetable for Denise gas output in Egypt, with a target of late 2027. The company is also taking a 50% stake in Uruguay’s OFF-5 exploration.