Italian Eni announces new gas discovery in Egypt’s Nile Delta – Egypttoday

  • Date: 02-Jul-2020
  • Source: Egypt Today
  • Sector:Oil & Gas
  • Country:Egypt
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Italian Eni announces new gas discovery in Egypt’s Nile Delta – Egypttoday

FILE - Gas field in Egypt - Reuters











CAIRO - 1 July 2020: Italian oil and gas company Eni said it managed to drill the first exploration well in waters of Egypt's Nile Delta, in cooperation with contractor members of BP and Total.

In a statement, Eni said the newly discovered prospect "Bashrush“, located 22 meters deep, will be tested for production. It is located in the North El Hammad, 12 kilometers away from the Nooros field and around 1 kilometers away from Baltim South West field.

According to the company, which holds 37.5 percent interest of the North El Hammad concession, it could discover a gas column with a thickness of 152 meters within the Messinian age sandstones of the Abu Madi formation with "excellent petrophysical properties.“

"The discovery of Bashrush is further demonstration of the effectiveness of Eni's 'incremental' exploration strategy, aimed at selecting high value opportunities and ensuring fast development of the new discoveries through existing infrastructures,“ the company said in a statement.

The three companies of Eni, BP and Total will start testing the development options of Bashrush, in coordination with the petroleum sector of the Egyptian side, in order to "fast track“ production,