Eni | Egypt Oil & Gas - Part 59

Exclusive: Zohr’s Financial Agreement & Seismic Data

Egypt Oil & Gas was able to obtain maps, and financial details regarding the Zohr discovery. Eni’s discovery is believed to be made ahead of schedule, as the agreement grants the company the right of discove...

BP Commits $229M to Three Offshore Blocks with Eni and Total

BP Plc announced on Wednesday that it had been awarded three new offshore exploration blocks in Egypt with a total investment commitment of $229 m from BP and its partners, report Reuters. BP said it would have 100% e...

Sisi Meets with Eni’s CEO

According to a press release by Italy’s Eni, President Abdel Fattah Al Sisi, and Eni’s  Chief Executive Officer, Claudio Descalzi, met in Cairo to discuss Eni’s activities in the country. During the meetin...

Angola’s Sonangol Evaluating Blocks, Resolving Oil Spills

The Angolan state oil company Sonangol issued a statement that it is expected to award concessions and sign contracts with contractor groups in 45 days time, after finishing its examination of onshore oil blocks in th...

EGAS and ENI to Discuss Shorouk Development Plan

Eng Khalid Abd alibda, chairman of the Egyptian Natural Gas Holding Company (EGAS), told Egypt Oil & Gas that there is currently a joint working group between EGAS and the Italy’s ENI, to review the developm...

Eni to Increase Production from Noras Field by 300 MCF/D

Italian energy giant Eni intends to add about 300 mcf/d to the Noras field in the Western Desert, by the end of 2015, reported Daily News Egypt. According to sources at EGAS,  the increase is attributed to the three w...

Egypt to Double Natural Gas Production by 2018

A study by the Egyptian Center for Economic Studies (ECES) forecasts that due to the recent gas discovery, Egypt will be able to double its natural gas production by 2018. According to the study Egypt is expected to a...

IEOC to Connect Mega Egyptian Gas Discovery to Port Said

IEOC, a subsidiary of Eni, will extend a 195km pipeline from  Zouhr well Block 9 to the city of Port Said, reported Egypt Oil & Gas (EOG). Work on the pipeline will begin with development operations early next yea...

Eni to Start Development of Shorouk Block in January

Development operations in the natural gas field off the country’s Mediterranean coast will start in January 2016, said Lapo Pistelli, V-P of the Italian company, reported Oil Review Africa.  The Egyptian ministry had ...

Eni’s Gas Discovery May Be Double Initial Estimates

Sources at EGAS told Egypt Oil & Gas (EOG) that according to the seismic data of Eni’s massive Zouhr discovery,  the potential reservoir is estimated at 60 TCF, rather than 30 TCF.  Accurate estimates of the...

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