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Oil & Gas

Edison to drill at its Mediterranean concessions in 2H2019

Edison
Posted: July 29, 2018 at 12:39 pm   /   by   /   comments (0)

Edison to begin drilling exploratory wells in Mediterranean concessions in 2H2019
Italy’s Edison will begin drilling exploratory wells at its North East Hapy and Thekah concessions in 2H2019, Oil Minister Tarek El Molla said. The company’s studies of the concessions show geological structures that indicate there is a “good chance” the areas hold natural gas reserves. Edison had signed an USD 86 million agreement with EGAS in January 2017 for E&P operations.

(Source: Enterprise.press)

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