Eni wins Montenegro exploration licenses

Eni wins Montenegro exploration licenses

Italy’s Eni has won a concession contract with the Montenegro government for the exploration of four offshore blocks covering 1,228 sq km.

End has been assigned the role of operator with a 50% of interest in the 4118-4, 4118-5, 4118-9 and 4118-10 exploration licenses, partnering Russian firm OAO Novatek.

In a release Eni said that the entry into Montenegro is part of the company’s strategy aimed at strengthening its exploration portfolio in the area.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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