Development Work on Egypt's Zohr Field to Start in January

Eni will start drilling activities at Egypt’s Zohr field in Januray.

The Italian energy major announced this Thursday after company’s CEO Claudio Descalzi met with Egyptian President Abdel Fattah el-Sisi in Cairo.

This was the third meeting between two in recent months to assess the work in-progress of the plan for the development of the Zohr field. Also, the two parties put a particular focus on the Nooros discovery, which, with the production start of the second well, will reach a potential of 5MMsmc/d.

Furthermore, they discussed the prospects that could result from the establishment of a gas hub in the Eastern Mediterranean Sea, which would allow to share Egyptian transport infrastructures and exports with the nearby discoveries in the area, as those of Cyprus and Israel, Eni said.

In August Eni made a “world class supergiant gas discovery” at its Zohr prospect, in the deep waters of Egypt. The discovery could hold a potential of 30 trillion cubic feet of lean gas in place (5.5 billion barrels of oil equivalent in place) covering an area of about 100 square kilometres. Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea and could become one of the world’s largest natural-gas finds.