CAIRO, Sept. 25 (Xinhua) -- Italian energy giant Eni announced on Thursday plans to invest 8 billion U.S. dollars in Egypt over the next five years, according to a statement released by the Egyptian government.
During a meeting with Egyptian Prime Minister Mostafa Madbouly, Eni Chief Operating Officer Global Natural Resources Guido Brusco said the company, together with its partners, will use its investments to develop existing oil and gas fields and conduct further exploration activities.
