Eni announced the discovery of a new gas field off the coast of Egypt

Eni announced the discovery of a new gas field off the coast of Egypt

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A gas field has been discovered offshore in Egypt in the eastern Mediterranean Sea, said the Italian energy company Eni, which has been operating in Egypt since 1954.

“Eni announces a significant discovery of a new gas field in the exploration well Nargis-1, located in the concession of the Nargis shelf in the eastern Mediterranean Sea, offshore Egypt,” — says in a statement.

Well Nargis-1 was drilled at a depth of 309 m by the drilling vessel Stena Forth. The field can be developed using proximity to existing Eni facilities, the company said.

Eni has been present in Egypt since 1954 and operates in the African country through its subsidiary IEOC. The company is involved in a number of “initiatives aimed at decarbonizing the Egyptian energy sector, including the development of plants for the production of renewable energy sources, agricultural raw materials for biorefining,” according to the company’s website.

In August 2015, in the Mediterranean off the coast of Egypt, there was open gas field Zohr. The head of Eni, Claudio Descalzi, said that thanks to him, Egypt will be able to do without imported gas for at least 10 years.

At the end of December 2022, the Turkish drilling vessel Fatih discovered in the Black Sea natural gas reserves of 58 billion cubic meters. m at a depth of just over 3,000 m, said Turkish President Recep Tayyip Erdogan.

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