Eni Finished Drilling First Phase of Zohr
Italy’s Eni has completed drilling work on all eight wells in the first phase of Zohr gas field. The company is currently focusing on setting up the pipeline that will transport the gas to the refineries, according to Al Shorouk.
Eni had announced, late August 2015, discovering Zohr field in Shorouk Concession in the deep water of the Mediterranean Sea.
Accordingly, natural gas production from Zohr field is expected to reach its peak in 2020, to be 2.7bcf/d, according to the plan adopted by Eni.
Egypt produces around 5.2bcf/d of gas, of which around 300mcf/d are used to operate the extraction equipment in the field, while the remaining amounts are injected in the local market, according to the data of Egypt’s Ministry of Petroleum and Mineral Resources.
In related news, Russia’s Roseneft signed an agreement with Italian Eni to expand cooperation in the fields of hydrocarbon production, refining, marketing and trading, including in the Egyptian Zohr offshore project, where Eni controls 50%, Rosneft owns up to 35% and BP has up to 15%.