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Oil & Gas

Eni sets new Zohr production target of 3.2 bcf/d by end of 2019

Zohr
Posted: October 28, 2018 at 3:06 pm   /   by   /   comments (0)

In a conference call with analysts, Eni’s finance chief Massimo Mondazzi said that the company is ramping up production at its Zohr field offshore Egypt, where it is now targeting 3.2 billion cubic feet (bcf) of gas per day by the end of 2019 from a previous 2.7 bcf.

The company has one of the strongest discovery records in the industry in recent years after two giant gas finds in Mozambique and Egypt, Mondazzi said.

(Source: Reuters)

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