Eni to Drill 3 Wells at Zohr
Eni plans to drill three additional wells as part of the first phase of development at Zohr natural gas field, an official at the Egyptian Natural Gas Holding Company (EGAS) has said.
Eni plans to drill three additional wells as part of the first phase of development at Zohr natural gas field, an official at the Egyptian Natural Gas Holding Company (EGAS) has said.
Some 16 companies, including Exxon, Chevron, and Total, have expressed interest in 11 Iraqi oil and gas fields, the bidding for which takes place on April 15.
Anadarko, Total, Eni, and Statoil are interested in joining the Algerian state oil company Sonatrach to develop offshore drilling in the North African country.
The field was a joint opperation between the NOC and Eni, producing 70,000 barrels per day (b/d) previous to the force majeure.
Eni has announced that its joint venture with the Egyptian General Petroleum Corporation, AGIBA Petroleum Company, reached a production milestone of 500 million barrels per day (mb/d) on March 15th.
Eni’s oil production in Libya will be reduced from 320,000 b/d to 200,000 b/d, Eni CEO, Claudio Descalzi stated.
Italy’s Eni will increase natural gas production from Egypt’s Zohr field by 1.4-1.5 billion cubic feet per day (bcf/d) by the end of 2018.
The Abu Dhabi National Oil Company has granted Eni two stakes in the UAE’s offshore concession areas in a $875 million, 40-year deal.
Italian oil and gas company Eni has agreed to sell 10% of its stakes in Egypt’s Shourouk offshore concession to UAE’s Mubadala Petroleum.
Egyptian President, Abdel Fattah El Sisi, met with Italian Eni's CEO, Claudio Descalzi, to review the company's activities' in Egypt, especially in Zohr natural gas field.