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Eni raises expected production target from Nooros gas field to 1.2 bcf/d

Eni has raised its projected production targets from the Nooros gas field by 20% to 1.2 bcf/d by mid-2017, up from 1 bcf/d, Al Borsa reported. 22 more words

Wood Mackenzie: Egypt’s gas market set to undergo major change

Egypt’s gas market would undergo significant change over the next five years, impacting global LNG market, according to a research by the natural resources consultancy Wood Mackenzie. 273 more words

Eni CEO briefs President of Egypt on Zohr, Nooros progress

Eni’s CEO Claudio Descalzi on Wednesday met Egypt’s President Abdel Fattah el-Sisi, and briefed him about the company’s offshore projects in the country.

According to Eni, during the meeting, Descalzi reviewed with el-Sisi the ongoing development activities of the giant Zohr field in the Mediterranean. 98 more words

Africa Oil & Gas: Descalzi, el-Sisi discuss Zohr, Nooros development

Eni’s investment in its activities in Egypt reached US$2.7 billion in 2017, the company’s CEO, Claudio Descalzi noted during his meeting with Egypt’s president Abdel Fattah el-Sisi.  102 more words

Mozambique Oil And Gas Industry

Eni’s CEO meets Egyptian President, confirms Zohr production expected before end of 2017

The President of the Republic of Egypt, Abdel Fattah el-Sisi, and Eni’s Chief Executive Officer, Claudio Descalzi reviewed the extensive activity performed by Eni in Egypt with particular attention to the ongoing development activities of the Zohr field and with specific mention to the Nooros development which will produce about 25 MSCM/d (172,000 boepd) by the end of January 2017. 189 more words

ENI awarded two exploration blocks offshore Cyprus

Eni has been awarded two exploration blocks offshore Cyprus, following a competitive international bid round. Eni will be the operator of Block 6 with a 50% stake (Total will hold the remaining 50%), and it will also acquire a 100% stake in Block 8. 174 more words

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