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Senegal and Eni Sign Offshore Deal

Senegal and Italian energy company Eni signed a memorandum of understanding to evaluate five offshore blocks. Eni will fund technical studies to assess the area's oil and gas potential.

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FILE PHOTO: The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo

Senegal and ENI SPA signed a memorandum of understanding on Tuesday morning to evaluate five offshore blocks. The agreement marks a renewed push for exploration in the West African country's sedimentary basin.
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