Continental Focus, International Reach

Zohr Hits 2.1 Bcf/d

Thursday, February 7, 2019

The ENI-operated Zohr gas field offshore Egypt raised output to 2.1 Bcf/d. According to the country’s Ministry of Petroleum, investments by the partners over the 2019/2020 fiscal year will “intensify development activities in the Zohr area.”

Zohr development costs in fiscal 2018/2019 (to end-June) were put at $3.2 billion, the Ministry said.

Zohr partners plan to invest an estimated $1.2 billion during the 2019/2020 fiscal year.