Eni’s successful exploration in Egypt (Scandinavian Oil-Gas Magazine)

Eni’s successful exploration in Egypt

Published Feb 29, 2016

Eni has successfully drilled the 'Nidoco North 1X' well, in the exploration prospect of 'Nooros East', located in the Abu Madi West license, in the Nile Delta, Egypt.

The new find start up is expected by the end of March 2016 and will allow the Nooros area, which started production in September 2015, just two months after the initial Nooros discovery, to reach a production of approximately 45,000 barrels of oil equivalent per day (boed).

Eni, through its subsidiary IEOC, holds a 75% stake in the concession of Abu Madi West, while BP holds a 25% stake.

Tags: Eni S.p.A.

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