mega-discovery

  • Update 1: Eni Provides Full Report on Mega-Gas Find in Egypt

    Update 1: Eni Provides Full Report on Mega-Gas Find in Egypt

    Monday, 31st August 2015
    The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company's deepwater mega-gas find in the Shorouk block in the Mediterranean Sea. The discovery holds a potential of 30 tcf of gas and 5.5 bboe, covering an area of about 38.6 square miles (100 square kilometers).