Eni CEO talks oil exploration with President of Cyprus

Source:Eni

Eni CEO talks oil exploration with President of Cyprus The President of the Republic of Cyprus, Nicos Anastasiades, and Eni’s CEO, Paolo Scaroni, met today in Nicosia, Cyprus, to discuss Eni’s ongoing activities and the potential for future projects in the country.

During the meeting, which took place in an atmosphere of cordiality, Paolo Scaroni together with Claudio Descalzi, COO of Eni’s Exploration & Production Division, updated President Anastasiades on the plan of exploration activities and their view on future developments in the case of a discovery.

President Anastasiades and CEO Paolo Scaroni have promised to meet again to assess the progress of this project, which is important for the future of Cyprus and Eni’s activities.

Eni has an 80% participating interest in Blocks 2, 3 and 9 located in the Cypriot deep offshore portion of the Levantine basin. The other partner in the Blocks is the Korean company KOGAS with a 20% participating interest.

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