Eni to Invest Additional $3B in Egypt
ENi CEO Claudio Descalzi said that the company is investing a further $3 billion into the sector on top of the $8.4 billion it is already investing.
ENi CEO Claudio Descalzi said that the company is investing a further $3 billion into the sector on top of the $8.4 billion it is already investing.
President Abdel Fattah El Sisi met Eni CEO Claudio Descalzi today to follow up on the Italian company’s projects in Egypt.
Eni has sold a 10% stake in Egypt's Shorouk offshore concession to Mubadala Petroleum for more than $1 billion.
The third gas processing unit at Zohr natural gas field began operations on June 14, 10 days ahead of schedule.
The output of Egypt’s Zohr natural gas field has reached 1.1 billion cubic feet per day (bcf/d), Eni has announced.
Eni has announced that they have started operations at the second production unit at Egypt's Zohr natural gas field.
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.
Egypt aims to increase production of its Zohr natural gas offshore Mediterranean field to reach 700 million standards cubic feet per day (mscf/d) in May 2018.
EGPC, NBE sign an agreement to manage cash revenues of Egypt's giant natural gas field Zohr.
PetroShorouk Company is continuously intensifying its exploration activities at Shorouk Concession in order to confirm the discovered reserves in line with the construction works in the onshore and offshore facili ...