The production capacity of Zohr gas field, which currently stands at 1.6 billion cubic feet per day (bcf/d), is slated to reach 2 bcf/d by September, according to operator Eni, Reuters reported. Eni amassed a $58 mill...
Eni and Tharwa Petroleum may begin exploration drilling in the anticipated Noor gas field in August, an anonymous source told Youm7. Rumours have circulated since mid-June that Eni has discovered a 90 trillion cubic f...
Egypt may stop importing liquefied natural gas (LNG) in Q4 2018 and start exporting it at the beginning of 2019, Bloomberg reported quoting Egypt’s oil minister Tarek El Molla. El Molla said that the tender issued to ...
Eni CEO Claudio Descalzi has said that the company is investing a further $3 billion into the sector on top of the $8.4 billion it is already investing, Egypt Oil & Gas reports. The statements came during a meetin...
President Abdel Fattah El Sisi met Eni CEO Claudio Descalzi on June 21 to follow up on the Italian company’s projects in Egypt, Akhbar El Youm reported. The Italian company is the major shareholder of the Shorouk conc...
Eni has sold a 10% stake in Egypt’s Shorouk offshore concession to Mubadala Petroleum for more than $1 billion, Egypt Oil & Gas reports. The Emirati company agreed to pay Eni $934 million for the stake in ad...
The third gas processing unit at Zohr natural gas field began operations on June 14, 10 days ahead of schedule, Egypt Oil & Gas reports. A 30-inch pipeline linking the offshore wells and the onshore processing uni...
The output of Egypt’s Zohr natural gas field has reached 1.1 billion cubic feet per day (bcf/d), Eni has announced, Egypt Oil & Gas reports. The field’s capacity is set to reach 1.2 bcf/d, after the company starte...
Eni has announced that they have started operations at the second production unit at Egypt’s Zohr natural gas field, Amwal Al Ghad reported. The Italian company plans to increase the field’s output to reac...
Egyptian President, Abdel Fattah El Sisi, met with Italian Eni’s CEO, Claudio Descalzi, in the attendance of Prime Minister, Sherif Ismail and Minister of Petroleum and Mineral Resources, Tarek El Molla, to revi...