Eni has announced the start-up of the third production unit (T-2) of the Zohr project, increasing the installed capacity to 1.2 bcf per day, in less than a month after beginning the second production unit (T-1) of the Zohr project, offshore Egypt
Zohr is now producing 1.1 bcf per day in ramp-up, equivalent to approximately 200 mboe per day, of which 75,000 boe per day net to Eni at current working interest.
Eni, which is continuously expanding its reach in Africa’s oil and gas fields, said that this outstanding result has been achieved only a few months after the field’s start-up in December 2017.
The third unit confirms the programme pursued by Eni, its co-venturers and Egyptian Natural Gas Holding Company (EGAS) to pursue a production level of two bcf per day by the end 2018, followed by a plateau of 2.7 bcf per day in 2019.
The latest achievement reinforces the exceptional development path of Zohr, one of Eni’s seven leading oil and gas projects in Africa, which is playing a fundamental role in supporting Egypt’s independence from LNG imports.
The Zohr field is one of the largest gas discoveries in Africa and in the Mediterranean Sea with more than 30 tcf of gas in place. The North African country’s oil and gas field is located within the offshore Shorouk Block (about 190km north of Port Said).
In the Shorouk Block, Eni holds a 60 per cent stake, with Rosneft holding 30 per cent and BP holding 10 per cent of interest of the Contractor’s Share (Eni, Roseneft and BP are collectivity the Contractor).
The project is executed by Petrobel, the operating company jointly held by Eni and the state corporation Egyptian General Petroleum Corporation (EGPC), on behalf of Petroshorouk, jointly held by Contractor (Eni and its partners) and the state company Egyptian Natural Gas holding Company (EGAS).
Eni has been present in Egypt since 1954, where it operates through its subsidiary IEOC. The company is the country's leading producer with equity of more than 260,000 boepd.
