Eni Of Italy News

Norwegian oil firm Statoil has made a small gas discovery in the Arctic, near its Johan Castberg oil discovery, the Norwegian Petroleum Directorate said on Friday. The find contains between 1 and 2 billion standard cubic metres of recoverable gas, it said. Statoil's partners are Eni of Italy and Norwegian state-owned firm Petoro. Reporting by Gwladys Fouche

Istanbul's Bosphorus straits were closed to shipping for several hours on Monday to allow a massive pipeline laying platform owned by Saipem to pass through into the Black Sea, shipping officials said. The Saipem 7000 entered the straits at around 9:45 am (0645 GMT) on its way to lay an undersea gas pipeline in the Black Sea as part of the Blue Stream pipeline that will carry Russian gas to Turkey. Officials expect the platform to exit the Straits early Monday evening. The Blue Stream project is a partnership between Turkey's Botas, Eni of Italy and Gazprom of Russia. - (Reuters)