- NATURAL RESOURCES
San Donato Milanese (Milan), 28 June 2012 – Eni has started production of gas from the offshore field of Seth, located in the Ras El Barr concession, approximately 60 kilometers from the Mediterranean coast of Egypt.
After an initial ramp-up phase, the field will produce approximately 4.8 million cubic meters of gas per day, of which Eni’s equity 1.7 million cubic meters (approximately 11,000 boepd). The partners of the Ras El Barr license are Eni (50%), through its subsidiary IEOC, and BP (50%) as operator.
The Seth project, whose construction and operations has been assigned by Eni and BP to Petrobel, a joint venture between IEOC and the Egyptian state company EGPC, consists of a platform placed at a water depth of 80 meters, two production wells and a pipeline of 11 kilometers. The pipeline links the platform to the onshore processing facility in El Gamil, which handles around 20% of the gas produced in Egypt, through the existing transport network.
The development of this project is further evidence of Eni’s involvement in Egypt and its contribution to satisfying the growing gas demand in the country through the exploration and development of gas reserves in the Mediterranean Sea.
Eni is the leading foreign oil operator in Egypt with total operated production of approximately 236,000 barrels of oil equivalent per day in 2011. Eni operates in the country through IEOC, which directly executes the exploration activities and participates in the production activities through joint ventures with the Egyptian state company EGPC.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
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