The Egyptian Ministry of Petroleum and Mineral Resources has approved the Egyptian Natural Gas Holding Company (EGAS) grants to Eni for the the Zohr Development Lease. Following the contractual framework definition, this approval allows for the development of the gas field, located in the Shorouk Concession, offshore Egypt.
The development plan envisages the start of production by the end of 2017, just two years after the discovery, with a progressive ramp up until reaching a volume of about 75 million ft3/d (equivalent to approximately 500 000 boe/d) by 2019. The realisation of such a large project will be possible through cooperation with Petroject, Enppi and Saipem contractors, who have always contributed to the success of Eni’s development activities in Egypt.
The discovery of Zohr was announced on 30 August 2015 following the drilling of the Zohr-1 well - which occurred within the Shorouk Concession Agreement. IEOC is the sole operator.
Presently in the drilling phase is Zohr-2, the first appraisal well of Zohr discovery.
Edited from press release by Angharad Lock
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/22022016/zohr-gas-field-authorisation-2550/