Eni and BP complete Shorouk deal in Egypt

Eni boosts production at Zohr

May 10, 2018
2 min read
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Italy's Eni has boosted production levels at the giant Zohr gas field off Egypt with the start-up of the third production unit (T-2) increasing the installed capacity to 1.2 bcfd.

Eni said that Zohr was now producing 1.1 bcfd in ramp-up, equivalent to approximately 200 thousand boed, of which 75,000 boed net to Eni at current working interest. This result has been achieved only a few months after the field’s start-up in December 2017.

The third unit, following just one week after the second unit’s successful power-up, confirms the programme pursued by Eni, its co-venturers and Egyptian Natural Gas Holding Company (EGAS) to pursue a production level of 2 bcfd by end 2018, followed by a plateau of 2.7 bcfd in 2019.

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 independence from LNG imports.

The Zohr field, the largest gas discovery ever made in Egypt and in the Mediterranean Sea with more than 30 tcf of gas in place, is located within the offshore Shorouk Block (some 190 km north of Port Said). In the Shorouk Block, Eni holds a 60% stake, Rosneft 30 per cent and BP 10 per cent of the Contractor’s Share (where Eni, Roseneft and BP are collectivity the Contractor).