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Eni announces new gas discovery offshore Egypt

Monday, January 16 2023

Fossil Energy – Egypt

Eni announces a new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt.

According to the statement, the Nargis-1 well has encountered approximately 200 net feet (61 m) of Miocene and Oligocene gas bearing sandstones and was drilled in 1,014 feet (309 m) of water by the Stena Forth drillship.

The discovery can be developed leveraging the proximity to Eni’s existing facilities.

Nargis-1 confirms the validity of Eni’s focus on Egypt Offshore, which the company will further develop thanks to the recent award of exploration blocks North Rafah, North El Fayrouz, North East El Arish, Tiba and Bellatrix-Seti East.

Related posts:

  1. Agreement on maritime border line between Israel and Lebanon
  2. Equinor makes gas discovery off Norway
  3. Eni acquires Chevron’s assets in Indonesia
  4. Confirmed gas discovery in North Sea

Filed Under: Discovery, Egypt, ENI, International News, Nargis-1 Tagged With: egypt, Eni, Gas discovery

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