Guendalina clears environmental hurdle

Italy's Environment Ministry has issued environmental approval for Eni's Guendalina gas development in the northern Adriatic Sea.

Offshore staff

ROME --Italy's Environment Ministry has issued environmental approval for Eni's Guendalina gas development in the northern Adriatic Sea.

According to partner Mediterranean Oil & Gas, Eni should receive the final award of the production concession this summer from the Ministry of Economic Development, allowing it to initiate engineering work in September.

Following installation of a production platform, the partners plan to drill two development wells in the second half of 2010, leading to first gas by the end of the year. Output should reach around 20 MMcf/d. Guendalina has estimated reserves of 22 bcf.

05/07/2009

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