Eni Withdraws From Offshore Gas Exploration Consortium in Israel

Key Takeaways Eni withdrew from a consortium exploring offshore gas in Israel's Cluster G licenses.Dana Petroleum and Ratio Energies will continue the licensing process after Eni's exit.Partners are assessing the compensation Eni may owe and planning the next licensing steps.Eni S.p.A (E) , an Italian integrated energy company, stepped away from a consortium that was seeking to explore natural gas offshore Israel. The consortium consisted of Eni, Dana Petroleum and Ratio Energies, and the remaining partners ...