Egypt: Zohr development approval

Issue 318 - 25 Feb 2016
The Ministry of Petroleum and Mineral Resources has given its approval for the Egyptian Natural Gas Holding Company to grant Eni the Zohr Development Lease, which allows for the development of the Zohr gas field in the offshore Shorouk Concession. Eni’s ambitious development plan envisages the start of production by the end of 2017, just two years after the discovery, with a progressive ramp-up to reach a volume of about 75mcf/d by 2019. “The quick realisation of such a large project will be possible through cooperation with Petrojet, Enppi and Saipem contractors, who have always contributed to the success of Eni’s development activities in Egypt,” Eni said.

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