Eni | Egypt Oil & Gas - Part 37

Eni Starts Operations at Zohr Second Production Unit

Eni has announced that they have started operations at the second production unit at Egypt's Zohr natural gas field.

Lebanon to Continue Exploring Disputed Block 9

Lebanon has already begun exploring in the disputed Block 9 area, Lebanese Energy and Water Minister Cesar Abi Khalil stated.

Iraq Postpones Oil, Gas Bidding Round

Iraq has postponed its bidding session for 11 new blocks until April 25, the bidding round was originally planned to take place on April 15.

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.

Oil Companies Eye Developing 11 Iraqi Oil, Gas Fields

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.

Four Oil Majors Interested in Agreement with Algerian Sonatrach

Anadarko, Total, Eni, and Statoil are interested in joining the Algerian state oil company Sonatrach to develop offshore drilling in the North African country.

Libya loses over $145 M since Closure of El-Feel Oilfield

The field was a joint opperation between the NOC and Eni, producing 70,000 barrels per day (b/d) previous to the force majeure.

AGIBA Oil Production Reaches 500 mb/d

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 Plans to Reduce Oil Output from Libya

Eni’s oil production in Libya will be reduced from 320,000 b/d to 200,000 b/d, Eni CEO, Claudio Descalzi stated.

Eni to Increase Zohr Natural Gas Production

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.

Page 37 of 63

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