Eni | Egypt Oil & Gas - Part 46
Eni to Raise Nooros Output to 1bcf/d in 2017
Italian Eni is expected to raise its Nooros field daily production to 1bcf in 2017 Eni Boosts Nooros Gas Production
Italian Eni aims to increase gas production from 3 wells in Nooros field by 180mcf/d in September 2016. A source from EGAS said that the $450m production enhancements of Nooros field will push gas outputs to 700mcf/d ...
Iraq to Review Oil Foreign Contracts
Iraqi Oil Minister, Jabar Ali Al-Luaibi, stated that Baghdad wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low.
Eni Invests $4b in Zohr Gas Processing Plant
Italian Oil Company Eni invested an amount worth $3.5b to $4b in implementing the Zohr natural gas production processing plant at a capacity of 2.7bcf/d of gas.
Eni Plans to Sell 20% of Zohr Field
Italy's Eni plans to sell at least a 20% stake in Zohr field in Egypt to different oil companies including Russian Lukoil, US ExxonMobil, French Total, and UK's British Petroleum in order to raise around $5.5b from a ...
Egypt Approves Five New Oil, Gas Exploration Deals
Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies. Eni to Drill Sixth Well in Egypt’s Zohr Field
An official at the Egyptian General Petroleum Corporation (EGPC) stated that the drilling of the sixth well of the Zohr gas concession is scheduled to start in January 2017.
Descalzi: Eni Is Keeping Balance by Lowering Costs
In an Interview with Bloomberg, Eni's CEO, Claudio Descalzi, stated that the company is keeping balance by lowering costs to the level of $20 per barrel.
