Continental Focus, International Reach

EGAS and EGPC Award ENI New Acreage

Tuesday, February 19, 2019

ENI was awarded two new exploration blocks onshore Egypt. One of the blocks was awarded in EGPC’s 2018 licensing round and the other comes from the EGAS 2018 licensing round.

The first block, the South East Siwa, is located in Egypt’s Western Desert, near ENI’s SW Melehia Concession. The block, which ENI will operate with a 100% interest, covers 3,013 sq km.

The second block, the West Sherbean, has ENI as operator and partnered with BP on a 50/50 basis. The block is located onshore Nile Delta, immediately southwest of the new ‘Nile Delta’ concession assigned to ENI in August 2018 and where the Nooros field is located. The new block covers an area of 1,535 sq km.

The exploration of these new areas, if successful, will benefit from existing or under construction infrastructures for its fast exploitation