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.

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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.

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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

the supergiant gas 100 km2 total extent of the Zohr field, largest in the Mediterranean 100 km2 total extent of the Zohr field, largest in the Mediterranean Zohr: the journey from discovery to sale The first [...] Largest gas field in the Mediterranean. The history of Zohr Largest gas field in ...

17 October 2017 eni.com Section: operations

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

Gas advocacy

2020. Claudio Descalzi, Eni for 2016 Zohr: the biggest deposit of natural gas in the Mediterranean Located in Egyptian territorial waters in the Mediterranean sea, Zohr is the biggest offshore deposit of [...] & Gas Development Project in the Ghana offshore block. Back in January 2015, we signed an agreement with the ...

14 September 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 operations: mission, challenges and exploratory successes

is to reach 0 accidents UPSTREAM FPSO N' Goma - West Hub Project Armada Olombendo - East Hub Development Project Load out - Jangkrik Complex Project Goliat, the Giant - IV The start of the production A record [...] Hub projects; in Egypt on Zohr, the largest deposit in the Mediterranean Sea; on Nooros, offshore ...

10 August 2017 eni.com Section: operations

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

Exploration in 2016

Jangkrik project in Indonesia, the oil and gas development of the Offshore Cape Three Points (OCTP) licence in Ghana, the Kashagan restart in Kazakhstan, the accelerated start-up of the giant Zohr discovery [...] $1/boe. Exploration activities are planned for the near future in new promising licences. A 40% stake of ...

10 August 2017 eni.com Section: enipedia

Exploration model

conventional exploration models. That's how we achieved seven records: West and East Hub in Angola, Nooros and Zohr in Egypt, Nené Marine in the Republic of Congo, Jangkrik in Indonesia and OCTP in Ghana. Here are [...] analyses for development are made during exploration. The information collected enables us to ...

31 August 2017 eni.com Section: operations

2016 portfolio development

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 ...

9 August 2017 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