Italian oil and gas major Eni SpA (<a href="https://www.borsaitaliana.it/borsa/azioni/scheda/IT0003132476.html?lang=en" target="_blank">BIT:ENI</a>) has agreed with Algeria's state-owned oil and gas companies Sonelgaz and Sonatrach to explore the construction of a subsea power line connecting the North African country to Europe.