Tunis, Jan 17 (IANS) Italy’s petroleum company ENI has plans to invest over $600 million in Tunisia in 2012, TAP news agency reported.
The company also intends to recruit 160 people for its Tunisian site, Xinhua quoted TAP citing ENI’s vice president Franco Paolo.
Paolo, who called on Tunisian Minister of Industry and Commerce Mohamed Lamine Chakhari Monday, said the investments would concern the development of oil fields and the reinforcement of exploration activities.
ENI, which set up its branch in Tunisia over five decades ago, is presently operating Tunisia’s largest oil field in the southern region of El Borma.