HDB expands national footprint with 'Acacia' branch in New Cairo    Lavrov warns against anti-Russia alliances in Asia during North Korea visit    Germany faces recruitment hurdles in push to rearm, eyes conscription    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Egypt, China central banks sign pacts to boost yuan use, payment systems    S. Korea's c. bank holds base rate at 2.50%    Egypt, China sign 3 MoUs to expand digital payments, local currency use    Egypt's annual core CPI inflation eases to 11.4% in June: CBE    Egypt's EDA, Haleon discuss local market support    Environment ministry signs agreement to strengthen marine protection, promote ecotourism    Egypt, WHO discuss expanding health cooperation, development initiatives    Chinese Premier Li Qiang arrives in Egypt for high-level talks    Gaza under siege, fire: Resistance intensifies amid deepening humanitarian collapse    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    Egypt, Pakistan boost healthcare ties – Cabinet    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Egypt condemns deadly terrorist attack in Niger        Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Italy's Eni unveils new gas discovery off Egyptian Nile Delta coast
Published in Amwal Al Ghad on 02 - 07 - 2020

Italy's oil company, Eni announced on Wednesday a new gas discovery off the Egyptian coast in the Mediterranean.
Eni, along with contractors British BP and France's Total, successfully drilled the first exploration well in the North Hammad concession, which Eni operates, the company said in a statement.
In 2015, Eni was awarded a 37.5 percent share in the North El-Hammad licence block, while BP holds 37.5 percent and Total holds the remaining 25 percent. Exploration by the three companies began in the block three years later.
The new discovery, which is at the Bashrush prospect, is located at a depth of 22 metres, and is 11 km from the coast. It is also close to the Nooros and Baltim South West offshore fields, both of which are also operated by Eni.
The well is a single 152-metre-thick gas column in Messinian age sandstone, and it has excellent petrophysical properties, the company added that the well will be tested for production.
The three companies will coordinate with Egypt's petroleum authorities to begin studying the development options for the new discovery, with the aim of fast tracking output.
Eni also plans to drill another well, Nidoco NW-1 DIR, this year in the Great Nooros area, located in the Abu Madi West concession.


Clic here to read the story from its source.