- 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
The latest achievement reinforces the exceptional development path of Zohr, one of Eni’s seven record-breaking projects, which is playing a fundamental role in supporting Egypt’s wish to cease LNG imports in 2018.
After a record start-up in less than two and a half years from discovery, production is now swiftly ramping-up to reach plateau in 2019
San Donato Milanese (Milan), 26 April 2018 – Eni announces the start-up of the second production unit (T-1) of the Zohr project, which will increase installed capacity by 400 MMScfd, just 4 months after the field’s start-up. Zohr now has a capacity of 800 MMscfd, equivalent to 150,000 boe per day (46,000 boed net to Eni).
The production ramp-up is planned to continue, with the same exceptional performance, in order to reach 1.2 bcfd in May 2018, 2 bcfd by end 2018 and the production plateau (2.7 bcfd) in 2019.
The Zohr field, the largest gas discovery ever made in Egypt and in the Mediterranean Sea, is located offshore, within the Shorouk Block, some 190 km north of Port Said. Zohr was discovered in August 2015, obtained the Development Lease approval in February 2016, and started the production in December 2017 with a time-to-market of 2.3 years.
The latest achievement reinforces the exceptional development path of Zohr, one of Eni’s seven record-breaking projects, which is playing a fundamental role in supporting Egypt’s wish to cease LNG imports in 2018.
Eni holds a 60% stake in the Shorouk Block, Rosneft 30% and BP 10%. In March 2018, Eni agreed to sell a 10% stake in the concession to Mubadala Petroleum. The project is executed by Petrobel, the operating company jointly held by Eni and the state corporation Egyptian General Petroleum Corporation (EGPC), on behalf of Petroshorouk, jointly held by Contractor (Eni and its partners) and the state company Egyptian Natural Gas holding Company (EGAS).
Eni has been present in Egypt since 1954, where it operates through its subsidiary IEOC. The company is the country's leading producer with equity of about 250,000 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
