Newsletter subscribe
Tag: IEOC
Eni

Eni signs new exploration license for Noor area offshore Egypt

Posted: August 14, 2018 at 9:29 pm   /   Oil & Gas

Eni granted new exploration license named “Nour” located in the prolific East Nile Delta Basin of the Mediterranean Sea in Egypt. Eni announces that a new Concession Agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea, has received approval by Egyptian authorities. The exploration license, […]

No Comments read more
SW Meleiha

Eni announces second oil discovery at Faghur Basin in Egypt’s Western Desert

Posted: July 9, 2018 at 3:13 pm   /   Oil & Gas

The discovery confirms the high potential of deep geological sequences of the Faghur Basin. Eni announces a second light oil discovery on the B1-X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa. The well is the second one drilled by Eni […]

No Comments read more
Mubadala Pet

Eni completes sale of 10% stake in Shorouk concession to Mubadala Petroleum

Posted: June 20, 2018 at 10:52 pm   /   Oil & Gas

Eni has finalized a 10% stake sale in the Shorouk concession to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company. The Shorouk concession is offshore Egypt, where the supergiant Zohr gas field is located. Eni, through its subsidiary IEOC, now holds a 50% stake of the Contractor’s Share, while Rosneft holds 30%, BP 10% […]

No Comments read more
Zohr

Eni boosts Zohr gas output with third production unit start-up

Posted: May 10, 2018 at 12:29 pm   /   Oil & Gas

Zohr Ramp-up: Eni starts up the third production unit. Zohr will produce 1.2 bcfd of gas only a few months after the field’s start-up in December 2017. After a record start-up in less than two and a half years from discovery, production is continuing to ramp up, reaching plateau in 2019. Eni announces the start-up of […]

No Comments read more
SW Meleiha

Eni announces oil discovery at South West Meleiha in Egypt’s Western Desert

Posted: May 4, 2018 at 2:41 pm   /   Oil & Gas

Eni announces an oil discovery in the Faghur Basin (South West Meleiha Concession) in Egyptian Western Desert. Eni announces an oil discovery on the A-2X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 103 Km North of the oasis of Siwa. The well is the first one drilled by […]

No Comments read more

Eni ramps up Zohr gas output with start-up of second production unit

Posted: April 26, 2018 at 9:02 pm   /   Oil & Gas

Zohr Ramp-Up: Eni start-up the second production unit. The latest achievement reinforces the exceptional development path of Zohr, one of Eni’s seven record-breaking projects, which is playing a fundamental role in supporting Egypt’s wish to cease LNG imports in 2018. After a record start-up in less than two and a half years from discovery, production […]

No Comments read more

Eni's IEOC to raise production from Egypt's Zohr gas field to 1.2 bcf/d

Posted: April 18, 2018 at 2:01 pm   /   Oil & Gas

Eni subsidiary IEOC aims to increase gas production from Egypt’s Zohr field to 1.2 billion cubic feet per day (bcf/d) in May, and lift it to 2 bcf/d by the end of 2018, IEOC general manager Fabio Cavanna said on Tuesday. Discovered in 2015 by Eni, the field contains an estimated 30 trillion cubic feet […]

No Comments read more

Eni sets new record with production from Nooros field offshore Egypt

Posted: March 16, 2018 at 3:42 pm   /   Oil & Gas

Eni strengthens record production from Nooros field offshore Egypt. The Nooros field represents to date Eni’s main gas producing field in its Egyptian asset portfolio as well as an example of the success of the company’s integrated model. Eni has strengthened its record production from the Nooros gas field, offshore Egypt, which reached a production […]

No Comments read more

Agiba reaches historic production milestone in Egypt's Western Desert

Posted: March 16, 2018 at 3:11 pm   /   Oil & Gas

Eni announces that the cumulative oil production of AGIBA, the operating joint venture company between Eni’s subsidiary IEOC Production BV and Egyptian General Petroleum Corporation (EGPC), has reached 500 million barrels today. AGIBA is active since 1981 with operations mainly focused in Eni’s oil and gas concessions located in the Western Desert Area of Egypt, […]

No Comments read more

Eni sells 10% stake in Zohr to UAE's Mubadala for $934 million

Posted: March 12, 2018 at 10:57 am   /   Oil & Gas

Eni sells 10 percent of Egypt’s Shorouk concession to Mubadala Petroleum. Italian oil company Eni said on Sunday it would sell a 10 percent stake in the Shorouk concession in Egypt’s Zohr gas field to Mubadala Petroleum of the United Arab Emirates for $934 million. Eni currently holds through its subsidiary IEOC a 60 percent stake […]

No Comments read more