Eni

Built World

Operator and lead partner of Coral Norte

Mozambique's cabinet approved a financing structure for the Coral Norte floating gas project that lets developers borrow up to 70% of a $7.2 billion budget while keeping the debt off the state's books. A decree dated November 4 sets the ceiling and bars lenders from using guarantees in ways that would touch national sovereignty, regulatory powers or ownership of natural resources.

Updated Yesterday

Built World

Operator of Cronos with a 50% interest

Cyprus has had gas under its seabed since 2011 and has never sold any of it. On 26 October 2026, Eni signed the engineering, construction and drilling contracts for the Cronos field and started the clock on the country's first production.

Updated Nov 1