The North Africa Journal: Libya and Italy Sealing their Rapprochement with Libyan Investment in ENI Libya and Italy Sealing their Rapprochement with Libyan Investment in ENI ================================================================================ Arezki Daoud on 25 December, 2008 04:10:00 ENI is more than just a strategic partner. It has been the engine behind more than 15% of Libya’s oil extraction and an investment in that company will signal that business in Libya is only going to expand, almost as a political guarantee in a world where competition for resources is likely to tighten. Continue reading here.