It’s been a busy week for Eni. The Italian oil giant started production at the largest natural gas field in the Eastern Mediterranean. But Eni’s CEO also just found out that he will face trial in Milan over a bribery scheme. First the good news. Eni started up production at the Zohr gas field off the coast of Egypt, a rapid turnaround from the initial discovery in 2015. Production is estimated at 350 million cubic feet per day, but will rise substantially in the next two years as the company drills up to 20 wells. Egypt’s oil minister said that output will hit one billion cubic feet in June 2018 before rising dramatically to 2.7 bcf/d by the end of 2019. Zohr is important to both Egypt and Eni. The Egyptian government believes the massive gas field will help the country achieve “self-sufficiency of natural gas, ease the burden […]