Eni Announces New Gas Discovery in Egypt’s Offshore

Eni has made a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km of the Sinai Peninsula, the company announced in a press release.

The discovery was made through drilling operations at the Nour-1 New Field Wildcat (NFW), which was drilled by the Scarabeo-9 semi-sub in a water depth of 295 meters and reached a total depth of 5,914 meters.

Nour-1 well found 33 meters of gross sandstone pay with good petrophysical properties and an estimated gas column of 90 meters in the Tineh formation of Oligocene age.

The well has not been tested, but an accurate data acquisition has been carried out.

The concession, which is in participation with Egyptian Natural Gas Holding Company (EGAS), is operated by Eni with a 40% stake. Meanwhile, BP holds a 25% stake, Mubadala Petroleum owns a 20% stake, and Tharwa Petroleum Company has the remaining 15%.

After finalizing the discovery evaluation, feasibility studies will be carried out to exploit these new resources and benefit from the synergies with existing facilities and infrastructures.

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