Eni announces yet another significant gas discovery of 1-1.5 trillion cubic feet (TCF) of raw gas in place, in a deeper zone, in its first exploration well drilled in Offshore Block 2 Abu Dhabi, United Arab Emirates (UAE).

This discovery follows the initial finding in a shallower zone of the same well, aggregating to a total gas in place of 2.5 - 3.5 TCF.

The gas-bearing reservoirs were tested with excellent flow rates, and fast-track development options are currently under evaluation.

Eni has a 70% stake and is Operator of Block 2, with partner PTTEP that holds the remaining 30%.

Eni has been present in Abu Dhabi since 2018. The company is the operator of 3 exploration concessions and has a participation with ADNOC in 3 offshore development and production concessions, Lower Zakum (5%), Umm Shaif and Nasr (10%) and Ghasha (25%).

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.

About PTTEP

PTTEP is a national petroleum exploration and production company dedicating itself to providing a sustainable petroleum supply to Thailand and the countries we operate in as well as to bringing in foreign exchange earnings to our country.