Eni | Egypt Oil & Gas - Part 34

Eni, Tharwa to Drill Noor Field in August: Ministry Source

Eni and Tharwa Petroleum may begin exploration drilling in the anticipated Noor gas field in August, according to an anonymous source.

El Molla: Egypt to Start Exporting Gas Early 2019

Egypt may stop importing liquefied natural gas (LNG) by Q4 2018 and start exporting it at the beginning of 2019.

Eni to Invest Additional $3B in Egypt

ENi CEO Claudio Descalzi said that the company is investing a further $3 billion into the sector on top of the $8.4 billion it is already investing.

El Sisi Meets Eni CEO

President Abdel Fattah El Sisi met Eni CEO Claudio Descalzi today to follow up on the Italian company’s projects in Egypt.

Mubadala Petroleum Buys 10% Shorouk Stake for $1B

Eni has sold a 10% stake in Egypt's Shorouk offshore concession to Mubadala Petroleum for more than $1 billion.

Third Zohr Gas Processing Unit Begins Operations

The third gas processing unit at Zohr natural gas field began operations on June 14, 10 days ahead of schedule.

Iraq to Sign 6 Development Contracts

Iraq will sign development contracts on June 2 and 3 for six blocks awarded during the last licensing round.

Ismail Reviews Eni’s Activities in Egypt

Prime Minister Sherif Ismail met with Italian Eni’s Vice President, Antonio Vella, to review the company’s activities in Egypt.

Libya’s Bahr al-Salam Gas Field Resumes Operations after Maintenance

Libya’s offshore Bahr al-Salam gas field has resumed production at 380 million cubic feet per day after completing upgrades and maintenance.

Agiba Produces 20 mscf/d Natural Gas

Agiba Petroleum Company is producing between 48,000 and 50,000 barrels of crude oil per day (b/d), around 20 million standard cubic feet per day (mscf/d) of natural gas, and around 50 tons of butane per day.

Page 34 of 62

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