Eni aims for fasttrack growth from Nooros field offshore Egypt

Eni has increased production from its Nooros field just offshore northern Egypt to 65,000 boe/d.

May 12th, 2016

Offshore staff

SAN DONATO MILANESE, Italy – Eni has increased production from its Nooros field just offshore northern Egypt to 65,000 boe/d.

This follows the start of production of theNidoco North 1X exploration well and the Nidoco North West 4 development well, both drilled under the sea from the onshore Abu Madi West concession in the Nile Delta.

Eni onlydiscovered Nooros last July. The company’s next target is to ramp up production to 140,000 boe/d by the end of 2016 through drilling of additional wells and facility optimization.

Produced gas and condensates are sent to the Abu Madi treatment plant, about 25 km (15.5 mi) from the discovery, then routed to the Egyptian network.

At the same time, the company plans to continue exploration activities in the license area, where it has identified further potential.

Eni has a 75% stake in the concession via its subsidiary IEOC, BP holding the remaining 25%. Petrobel, a joint venture between IEOC and Egyptian General Petroleum Corp., is leading operations.

05/12/2016

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