Zohr

Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea and will satisfy Egyptian natural gas demand for decades. On the basis of the data acquired in the well and available geophysical evidence, the field may have a potential of up to 850 billion cubic metres of gas in place and is therefore one of the largest gas discoveries in the world.
It is one of seven record-breaking projects from Eni, all of which are remarkable for their rapid approval rates and times to start-up.

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Project Key-Facts

  • Project name Zohr
  • Country Egypt
  • Operator Yes
  • Start-up 2H17
  • Equity peak in 4 YP (kboed) 175

Gas Advocacy

Eni is focused on continuous growth based on exploration and the creation of long-term value, for a future in which everyone can have efficient and sustainable access to energy. To this end, it has embarked on an energy transition towards a low-carbon future that gives natural gas a central role alongside the growing development of renewable sources. In fact, gas advocacy, along with the promotion of renewables, can help eliminate the use of more polluting fossil fuels, such as coal, which is responsible for more than 70% of CO₂ emissions in the electricity sector. As a demonstration of this commitment, gas accounts for 51% of Eni’s consolidated reserves.

Dual Exploration Model

The “Dual Exploration Model” strategy is based on the simple principle that, as hydrocarbon reserves increase, the benefits come from early monetization, achieved through the sale of minority stakes to other players. By intersecting the development and exploration phases, time-to-market is faster and the costs of transforming discoveries into production are reduced.
The Dual Exploration model is a winning combination of low exploration costs, reduced investment and risk and high returns, which, between 2014 and 2017 enabled Eni to earn 9 billion from exploration activities and to obtain recognition of the value of its exploration assets, also from the main national and international Oil & Gas companies.

The discovery and development of the Zohr gas field in Egypt

Like all great exploration discoveries also the Zohr discovery is full of surprises, the unexpected, intuitions, mistakes, skill, enthusiasm, and ups and downs in which the human element is as crucial as the technology. It's a story worth telling from the beginning because we already know what Eni has ...

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Nooros: a record-breaking field

Eni has enjoyed another great success in its exploration in Egypt.

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ENI's great transformation - Fit for complexity

Eni has changed a lot during the last three years in order to face the challenges of the market and to better address the three major shocks that have affected the energy sector: the collapse of gas consumption in Europe; the decline of oil demand in Europe and refining margins ...

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From Enivideochannel

Visit the official channel YouTube

#theEnimodel: Hitting Zohr - 2016 Investor Day | Eni Video Channel

Eni's CEO Claudio Descalzi will present to investors the 2016 Investor Day - New York. We continue to evolve thanks in part to projects such as Zohr, the largest gas field in the Mediterranean Sea. Our success is driven by innovation, passion and expertise.

From Enivideochannel

Visit the official channel YouTube

Our path to long term value - Strategy Presentation 2017-2020 | Eni Video Channel

Eni’s Top Management presents the 2016 Results – 2017-2020 Strategy. Find out more on https://www.eni.com/en_IT/home.page Subscribe on Eni Video Channel https://www.youtube.com/channel/UC4T5... ----- Want more from Eni? Facebook: https://www.facebook.com/EniItalia/?f... Twitter: https://twitter.com/eni https://twitter.com/Eniday Instagram: https://www.instagram.com/eni/ Flickr: https://www.flickr.com/photos/enidigi... Google+: https://plus.google.com/u/2/106162487...

The history of Zohr

Largest gas field in the Mediterranean. The history of Zohr Largest gas field in the Mediterranean. Bold challenge, surprising result The story of Zohr dates back to 2012, when the field's 15 exploration [...] Sisi. During the meeting Claudio Descalzi confirmed that the start-up of Zohr is expected just two ...

29 May 2017 eni.com Section: operations

2016 results

to come on stream in 2017 (Jangkrik - Indonesia, OCTP oil - Ghana and Zohr - Egypt). In Februray 2017, started-up the East Hub project in Angola, five months earlier than scheduled. These projects, together [...] exploration potential located in proximity to existing infrastructures. Zohr : sanctioned by the Egyptian Authorities the development plan of ...

6 April 2017 eni.com Section: company

Eni’s activities in Egypt

exploration potential located in proximity to existing infrastructures. Zohr: Sanctioned by the Egyptian Authorities the development plan of the Zohr discovery, where production start-up is expected by the end of [...] Petroleum and Mineral Resources approved the award to Eni the Zohr Development Lease that allows the start-up of the development ...

12 May 2016 eni.com Section: enipedia

interview-with-stella-brandolese

Interview with Stella Brandolese, Eni's offshore project manager "The most important aspect of my work in Cairo? Respect for the local people and their culture" During the 2015 `OIL for Brain: Energy, [...] who lives and works in Egypt, can count among her professional achievements the recent discovery of Zohr ...

1 January 2016 eni.com

The assets and operations of development of Eni's oilfields

up of the East Hub Development project in the Block 15/06, five months earlier than scheduled and with a time-to-market among the best in the industry. The East Hub project will develop the reservoir in [...] expected by the end of 2017; start-up of M'Pungi and M'Pungi North ...

4 May 2017 eni.com Section: operations

The six legged dog history

The Istituto Eni Donegani becomes the centre for research on non-conventional energy sources. 2007 Zohr Eni discovers the largest gas field ever found in the Mediterranean Sea in the Egyptian offshore. [...] Norway, Eni starts production at the first oil field in the Barents Sea. 2016 The Integrated OCTP Project will ...

12 May 2016 eni.com Section: company

First half 2017 Results

Cabaça South East field began after just three years - five months ahead of schedule. The second project involved both oil and gas development: production started after just over two years, giving local [...] fields in the Jangkrik Complex, but also for the new Merakes discovery. By the end of the year ...

2 August 2017 eni.com Section: operations

Eni’s activities in the energy industry

Republic of Congo (with the Nené Marine field), in Egypt (the Zohr and Nooros projects), in Ghana (OCTP) and in Indonesia (the Jangkrik project) . The skills and commitment of our people have made us best

6 April 2017 eni.com Section: operations

Eni’s proved and undeveloped reserves

discoveries (up by 873 mmboe), in particular in Egypt due to final investment decision sanctioned for the Zohr discovery; revisions of previous estimates (up by 121 mmboe) mainly reported in Congo and Iraq; reclassification [...] proved developed reserves due to the progress of development activities, production start-ups and project revisions. The ...

12 May 2016 eni.com Section: enipedia

Gas Systems

Knowing the quality of hydrocarbons in advance. The Gas Systems project Knowing the quality of hydrocarbons in advance. Modelling the petroleum system The petroleum system is the set of criteria necessary [...] most interest for exploration and any factors that might constitute a risk. Matilde Dalla Rosa, project manager research and ...

1 January 2016 eni.com Section: Innovation