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  • Eni announces a gas discovery in the Egyptian Western Desert
    édité le 30/08/2018 - Plus de news de "ENI" - Voir la fiche entreprise de "ENI"


Eni announces a gas discovery in the Egyptian Western Desert
Eni announces a gas discovery in the Egyptian Western Desert. The discovery well has been drilled on the Faramid South exploration prospect located in East Obayed concession, 30 km North-West of the Melehia Concession. The well reached the target depth of 17,000 ft and encountered several gas bearing layers in the Kathabta sandstones of Jurassic age.

The well has been opened to production delivering 25 mmscfd, confirming the potential of the East Obayed Concession.

Eni has started the studies to develop these relevant gas reserves that, together with the gas potential of the Melehia Concession, can contribute to increase the country gas production from the Western Desert Basin.

Eni, through its Operating Company AGIBA, which is equally held by Eni subsidiary IEOC and the Egyptian General Petroleum Corporation (EGPC), currently produces 55,000 barrels of oil equivalent per day from the Egyptian Western Desert. AGIBA owns 100% of the East Obayed Concession.

Eni has been present in Egypt since 1954, where is the main producer with approximately 320,000 barrels of oil equivalent per day equity. Such production is expected to further grow within the year, thanks to the ramp up of the Zohr field.

About ENI

Eni is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.


Origine : Communiqué ENI

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