The cabinet approved establishing a 200 MW solar plant by Eni, considering that the price of electricity produced from the plant will be of the same value as the prices received to transmit electricity in Kom Ombo ...
Eni and Sonatrach signed a memorandum of understanding (MoU) to renew the gas supply contract.
Eni will be the operator with 90% interest and RAK GAS will be a partner with a 10% stake.
The company will complete drilling the field's 15th well in April, and with new wells being drilled and production starting by the end of May, the number of the natural gas producing wells will be boosted to 11.
Eni has started implementing the seventh natural gas processing plant at Zohr field with a capacity of 400 million standard cubic feet per day (mmscf/d) of natural gas.
The plan is to export LNG from some of Zohr's production to the European markets upon obtaining a license from the Ministry of Petroleum.
Eni agreed to participate by a 30% interest in Tarfaya offshore Shallow Petroleum Agreement to an Arabian Gulf state petroleum company.
Eni has made a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession.
Eni will own 34% of the block while Sasol and Qatar Petroleum will own 25.5% each and ENH will hold the remaining 15%.
Eni completed drilling the tenth well at Zohr field, which was gradually linked to the production of the operating processing plants.
