Italian Eni Corp hits a record in oil production

The Chief Executive Officer of Eni Corp announced that the Italian company achieved a record level of crude oil, condensates and natural gas production, for the first time, where it exceeds half a million barrels of oil equivalent daily during March.
The announcement came during a meeting with Eng. Sameh Fahmy, Egyptian minister of petroleum who discussed the work progress of Eni in Egypt.
Eni’s official said that this is the highest production level ever achieved since starting its work in Egypt in the early 1950s.
Fahmy also reviewed the work progress of Russian Gazprom Co. with CEO Alexander Ivanovich and discussed means to increase cooperation domains with Gazprom, being the largest player in producing and exporting natural gas worldwide.
In addition, Fahmy tackled the possibilities of deepening and exchanging bilateral technical expertise, particularly as Gazprom possesses experience and state-of-the art technologies in upstream and production domains and gas pipelines execution.
(Al-Alam Al-Yom & MoP)


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