Eni reenters Albania with commitment to explore Dumre Block
Eni has re-entered Albania with a production sharing contract to explore, with a 100% equity interest, the Dumre Block onshore Albania, following a competitive bid launched in 2019 by the Albanian National Agency for Natural Resources.
Eni has re-entered Albania with a production sharing contract to explore, with a 100% equity interest, the Dumre Block onshore Albania, following a competitive bid launched in September 2019 by the Albanian National Agency for Natural Resources (AKBN), Eni reported Dec. 20. As operator through a new subsidiary, Eni Albania, the company committed to drill an exploration well on the 587-sq km block, which lies 40 km south of the capital Tirana. No timeframe was reported.
Eni was present in Albania in the early '90s. It was awarded two offshore exploration blocks, Adriatiku-2 and Adriatiku-4, where, after drilling 3 wells with non-commercial results, the company left the country in 1999.