Egypt: Eni and partners sign new exploration deals


Issue 375 - 31 Aug 2018 | 1 minute read

Eni’s planned exploration campaign in the East Nile Delta Basin has provoked speculation about the likelihood of a massive gas find similar to the deep offshore Zohr field whose discovery in 2015 dramatically changed the outlook for the Egyptian upstream. On 14 August, the Italian company announced it had signed the Nour exploration licence and expected to drill an exploration well later this year. The 739km2 area is located approximately 50km offshore in relatively shallow water depths of 50-400 metres.

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