Word: eni
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Dates: during 2010-2019
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...searching for oil or gas in the region, or risk drilling wells in volatile countries such as Uganda, Mozambique or Somalia. But better technology, lower risk in some of the countries and higher oil prices in recent years have changed the equation. Wildcatters and majors such as Italy's Eni, Petronas of Malaysia and China National Offshore Oil Corporation (CNOOC) have all moved on East Africa in the past few years...
...visa ban has certainly thrown investments in Libya's booming oil industry into question. When TIME visited Libya's major natural gas facility on Tuesday - it pipes gas to Italy under the Mediterranean - the company's Italian general manager, from the Italian energy company ENI, was not there. He was stuck in Europe, with no visa to return...