Home » News » Currently Reading:

Eni signed a Concession Agreement for a new exploration block in the Western Desert of Egypt

January 10, 2015 News No Comments

ENIEni signed a new Concession Agreement to operate in the South-West Melehia block in the Western Desert of Egypt, following the Egyptian General Petroleum Corporation (EGPC) 2013 international competitive bid round.

South-West Melehia is operated by Eni through its subsidiary IEOC, which holds a 100% stake. The block covers an area of 2,058 square kilometers and is located immediately south of Melehia license, operated by Agiba, a joint venture of IEOC and EGPC which manages Eni’s operations in the Western Desert.

This new acquisition adds to the list of exploration successes achieved in the area over the past two years and further strengthen Eni’s position in Egypt, an area of historic and strategic importance for the Company.

Eni has been present in Egypt since 1954 and is the main producer of oil in the country, with an equity of approximately 210,000 boed.

Comment on this Article:

You must be logged in to post a comment.

RSS Web Crewing Vacancies List

Subscribe to our News Updates

Enter your email address:

Search Box

Featured News

JFC announces new jobs with Launch of new Marine Division

8 Nov 2015

John Concannon, MD. JFC Manufacturing announces details of new jobs, at the ‘Innovating the future of Marine Navigation Safety’ conference in Galway on Friday 16th October, at the launch of the west of Ireland company’s new division, JFC Marine. The …

The 2015 Irish Maritime Forum

6 Oct 2015

The 2015 Irish Maritime Forum, attended by over 150 delegates, discussed the importance of the Maritime Industry to Ireland’s continued economic growth and how solutions to a number of the world’s great challenges will come from the Sea. The National …

Wärtsilä propulsion solution chosen for new Scottish fishing vessel

12 Jul 2015

A new modern fishing vessel being built by Simek AS in Norway on behalf of the U.K. operator Antares (Whalsay) Fishing Company Ltd, will feature an integrated Wärtsilä propulsion solution including main engine, controllable pitch propeller and gearbox. The Wärtsilä …

Eni announces a new oil and gas discovery in the Western Desert of Egypt

27 Jan 2015

In the last three years, in the Western Desert of Egypt Eni has doubled its oil production through exploration of deep sequences. San Donato Milanese, 22 January 2015 – Eni has announced a new discovery of oil and gas in the …

Archives

Latest Comments

Companies Directory