- NATURAL RESOURCES
Ask a question to find out more
Company
Governance
Sustainability
Vision
Actions
Products
Actions
Energy Diversification
Technologies for the transition
Technologies for the transition
Partnership for innovation
Activities around the world
Investors
Media
Careers
MyEni Login
San Donato Milanese (Milan), 12 September 2016 - Eni reached a production of 700 million cubic feet of gas per day, corresponding to 128,000 barrels of oil equivalent per day (boed) of which 67,000 net to Eni, from Nooros field, discovered in Egypt in July 2015 in the Nile Delta offshore and put into production in September 2015.
This record—setting production represents an important milestone achieved just 13 months after the discovery and ahead of schedule thanks to the success of the last exploration wells drilled in the area of Nidoco and the drilling of new development wells.
The production of 700 million cubic feet of gas per day is currently guaranteed by 7 wells; furthermore, with the drilling of additional wells, the field is expected to reach a maximum production capacity of about 160,000 boed in the spring of 2017. The gas and condensate produced are sent to Abu Madi’s treatment system, located 25 kilometers from the discovery and then allocated in the Egyptian network.
The development of Nooros, which reached a record production capacity in just 13 months, is an important achievement within Eni’s near field exploration strategy, aimed to unlock the presence of additional exploration potential located in proximity to the existing infrastructures. Also, thanks to the mature operating environment and the conventional nature of the project, production costs are among the lowest in Eni’s portfolio.
The development and production of Nooros field are operated by Petrobel on behalf of Nidoco company, a joint venture between IEOC, BP and the state company Egyptian General Petroleum Corporation (EGPC).
Eni has been present in Egypt since 1954 where it operates through its subsidiary IEOC Production BV which holds a 75% stake in the concession, while BP holds the remaining 25%.
Eni's equity production in the country was in 2015 about 200 thousand barrels of oil equivalent per day.
Continue reading
Reduce
Investor Relations
Freephone for shareholders (from Italy): 800940924
Freephone for shareholders (from abroad): + 80011223456
Eni.com is a digitally designed platform that offers an immediate overview of Eni's activities. It addresses everyone, recounting in a transparent and accessible way the values, commitment and perspectives of a global technology company for the energy transition.
Discover our missionRegistered Head Office
Piazzale Enrico Mattei,1 00144 Rome, Italy
Company Share Capital
€ 4,005,358,876.00 paid up
Tax Identification Number
VAT Number 00905811006
Branches
Via Emilia, 1 and Piazza Ezio Vanoni, 1 20097 San Donato Milanese, Milan, Italy
Rome Company Register
00484960588
