Eni boosts Zohr production (Egypt)
- Project & Tenders
Italian oil and gas company Eni started output from the third production unit (T-2) of the Zohr project, located in the Mediterranean Sea, offshore Egypt.
Eni says the ramp-up has increased the installed capacity to 1.2 bcfd, and 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 outstanding 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,” Eni said.
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% and BP 10% of the Contractor’s Share (where Eni, Rosneft and BP are collectivity the Contractor).
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).