Zohr Begins Production

Eni SpA announces the production start up of Zohr, the largest ever discovery of gas in the Mediterranean Sea. Eni SpA announced Wednesday the production start up of Zohr, the largest ever discovery of gas in the Mediterranean Sea. The field, which is located in the Shorouk Block offshore Egypt, has potential resources in excess of 30 trillion cubic feet of gas in place (around 5.5 billion barrels of oil equivalent), according to Eni. Discovered in August 2015, Zohr obtained investment authorization after just six months and began production less than two and half years after first being found. In an organization statement, Eni said the field will be able to satisfy a part of Egypt’s natural gas demand ‘for decades to come’. “Today is a historic day for us. It further confirms the capability of Eni’s women and men to turn challenging opportunities into unprecedented achievements,” Eni’s CEO, […]

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