Eni's "Mission Impossible"

[Selva + 252]

Italian Eni SpA succeeded in producing gas from the Mediterranean's largest gas field Zohr.  Nobody believed they would do it but  pumping began this week despite skeptics.  This seismic shift for major oil companies could shake up the industry if others succeed to replicate it, possibly transforming offshore oil and gas exploration by bringing in new supplies faster. 

 

 

[TraderTate + 186]

Huge deal for Egypt, and a huge deal for demand for technologies. Would definitely be looking at oilfield services and oil tech companies after this.