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  • Zohr Gas Output Increases 3.6 times in H1, up to 11.3 bcm
    édité le 14/08/2019 - Plus de news de "Rosneft" - Voir la fiche entreprise de "Rosneft"


Zohr Gas Output Increases 3.6 times in H1, up to 11.3 bcm
The consortium of Eni, Rosneft, BP, and Mubadala Petroleum together with Egyptian oil and gas companies continues the successful implementation of the Zohr gas project on the Mediterranean offshore. In H1 2019, the production on the field amounted to 11.3 bcm of gas, which is 3.6 times more than in the same period last year.

After the field’s start-up in December 2017, its development is going ahead of schedule - the onshore gas treatment capacity of the Zohr project has been continually increased. Current production level is 68 million cmd (2.4 billion cfd). At the moment, 11 production wells, three offshore pipelines, an offshore management platform, and all eight production trains of the gas treatment plant have been commissioned.

By the end of 2019 the gas output is estimated to reach 76 million cmd (2.7 billion cfd).

Middle East projects implementation is one of Rosneft’s strategic development areas. The Company’s contribution to development of the unique production asset Zohr jointly with global majors and its strategic partners strengthens the position of Rosneft as an advanced technology company, and also allows gaining significant experience and developing competence in the development of offshore fields.

About the Zohr gas project

Zohr is the largest gas field in the Mediterranean. The field was discovered in 2015. The project is being implemented as a concession between Italian Eni S.p.A. (50%), Rosneft (30%), British BP (10%), and Mubadala Petroleum (10%).

About Rosneft

Rosneft is the leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company. Company’s main activities include prospecting and exploration of hydrocarbon deposits, oil, gas and gas-condensate production, upstream offshore projects, processing, as well as oil, gas, and product marketing in Russia and abroad. The Company is included in the list of strategic companies and organizations of Russia. Company’s largest shareholder (69.50% of the equity) is ROSNEFTEGAZ OJSC, fully owned by the Russian Government, while BP holds 19.75% of shares, one share belongs to the state represented by Federal Agency for State Property Management, whereas the remaining shares are free floating.

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 BP

BP (NYSE:BP) is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing nearly 85,000 people. BP's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and biofuels businesses. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.

About Mubadala Petroleum

Mubadala Petroleum is a leading international, upstream oil and gas exploration and production company. We manage assets and operations spanning 10 countries with a primary geographic focus on the Middle East and North Africa, Russia and and Southeast Asia.


Origine : Communiqué Rosneft

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