Offshore staff

(Milan, Italy) -- Plans for developing Blacktip gas field in the Timor Sea offshore Australia have been released by Eni.

Development calls for two initial wells, a production platform, 108-km pipeline and an onshore treatment facility with a 1.3 Bcm per year capacity. Blacktip is 110 km off northern Australia in Bonaparte basin with 50 m water depth. Estimated recoverable reserves are 150 MMboe.

First production is expected in 2009.

ENI recently won five exploration licenses in the same area.

7/03/06