Gulf Oil and Gas accountACCOUNT

Eni Start-Up Zohr Second Production Unit

Source: www.gulfoilandgas.com 4/26/2018, Location: Africa

Share |
Eni announces the start-up of the second production unit (T-1) of the Zohr project, which will increase installed capacity by 400 MMScfd, just 4 months after the fieldís start-up. Zohr now has a capacity of 800 MMscfd, equivalent to 150,000 boe per day (46,000 boed net to Eni).

The production ramp-up is planned to continue, with the same exceptional performance, in order to reach 1.2 bcfd in May 2018, 2 bcfd by end 2018 and the production plateau (2.7 bcfd) in 2019.

The Zohr field, the largest gas discovery ever made in Egypt and in the Mediterranean Sea, is located offshore, within the Shorouk Block, some 190 km north of Port Said. Zohr was discovered in August 2015, obtained the Development Lease approval in February 2016, and started the production in December 2017 with a time-to-market of 2.3 years.

The latest achievement reinforces the exceptional development path of Zohr, one of Eniís seven record-breaking projects, which is playing a fundamental role in supporting Egyptís wish to cease LNG imports in 2018.

Eni holds a 60% stake in the Shorouk Block, Rosneft 30% and BP 10%. In March 2018, Eni agreed to sell a 10% stake in the concession to Mubadala Petroleum. The project is executed by Petrobel, the operating company jointly held by Eni and the state corporation Egyptian General Petroleum Corporation (EGPC), on behalf of Petroshorouk, jointly held by Contractor (Eni and its partners) and the state company Egyptian Natural Gas holding Company (EGAS).

Eni has been present in Egypt since 1954, where it operates through its subsidiary IEOC. The company is the country's leading producer with equity of about 250,000 barrels of oil equivalent per day.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Production News in Egypt >>

China >>  9/18/2018 - CNOOC Limited has announced that the Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project has commenced production. ...
Gabon >>  9/17/2018 - BW Offshore is pleased to announce that first oil from the BW Adolo FPSO was safely achieved on 16 September 2018, 18 months after the initial investm...

Romania >>  9/17/2018 - Prospex Oil and Gas Plc, the AIM quoted investment company, has been advised by the operator, Raffles Energy S.R.L., that first gas production has com...
United Kingdom >>  9/14/2018 - A ship-to-ship transfer of crude oil has been carried out at the Port of Sullom Voe, Shetland, for the first time in almost three years. ...

Iraq >>  9/10/2018 - Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq (Kurdistan or Kurdistan Region) announces its res...
Russia >>  9/10/2018 - LUKOIL has commissioned a steam generation farm at Yarega field of highly viscous oil in the Republic of Komi. The facility is to build up production ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 |

Oil & Gas Projects in Egypt >>

More News

 

Oil & Gas Companies in Egypt >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.