Italian energy firm to invest $600 mn in Tunisia
January 17th, 2012 - 8:07 am ICT by IANSTunis, Jan 17 (IANS) Italy’s petroleum company ENI has plans to invest over $600 million in Tunisia in 2012, TAP news agency reported.
The company also intends to recruit 160 people for its Tunisian site, Xinhua quoted TAP citing ENI’s vice president Franco Paolo.
Paolo, who called on Tunisian Minister of Industry and Commerce Mohamed Lamine Chakhari Monday, said the investments would concern the development of oil fields and the reinforcement of exploration activities.
ENI, which set up its branch in Tunisia over five decades ago, is presently operating Tunisia’s largest oil field in the southern region of El Borma.
- Italian oil giant strikes new deal with Libya - Aug 30, 2011
- Switzerland to help Tunisia recover Ben Ali's assets - Apr 19, 2011
- Tunisia ready to grant asylum to Syrian president - Feb 29, 2012
- 58 bodies washed ashore on Tunisian coastline - May 11, 2011
- Troops deployed as protests reach Tunisian capital - Jan 13, 2011
- Order will be restored in Libya, says Tunisia - Oct 22, 2011
- Tunisian ex-president's trial postponed - Jul 22, 2011
- Tunisians call for Ben Ali's extradition - Apr 16, 2011
- Ex-Libyan prime minister jailed in Tunisia - Sep 23, 2011
- Tunisian interim president names new PM - Feb 28, 2011
- Tunisia begins extradition procedures against ex-president - Jun 18, 2011
- Italian firm Eni finds oil in Egypt - May 24, 2012
- Tunisian council elections to be held July 24 - Mar 04, 2011
- Italian oil giant to invest $7 bn in Venezuela - Jul 16, 2011
- Tunisia issues international arrest warrant for ousted president - Jan 26, 2011
Tags: decades, el borma, energy firm, eni, exploration activities, franco, investments, minister of industry, mohamed lamine, news agency, oil field, oil fields, petroleum company, reinforcement, tap, tunis, tunisia, tunisian, vice president, xinhua