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Oil & Gas

Edison could announce a Zohr-sized gas discovery soon – EGAS official

Posted: February 16, 2016 at 2:06 pm   /   by   /   comments (0)

edisonItalian E&P company Edison could be soon announcing a gas discovery similar in size to the Zohr discovery, according to an EGAS official, and that the results of seismic mapping of its North Port Fouad concession, adjacent to Eni’s Shorouk concession, will be announced in the second half of 2016.

According to the source, who asked to remain unnamed, Edison is working on completion of the seismic data analysis to announce the amount of gas reserves in its offshore concession, so that drilling of wells would have commenced by the end of the current year.

(Source: Al Shorouk News)