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New gas discovery in Mediterranean Sea
Eni has announced a new gas discovery in the Great Nooros Area in the Mediterranean Sea offshore Egypt.
Located in the Abu Madi West development lease, in the conventional waters of the Nile Delta, the Nidoco NW-1 exploratory well indicates further extension of the gas potential to the north of the Nooros field. Gas in place at the Great Nooros Area is now estimated in excess of 4tn cf, reports Eni.
Eni, through its subsidiary IEOC, holds a 75% stake in the Abu Madi West development lease, while BP holds the remaining 25% stake. The operator is Petrobel, an equal joint venture between IEOC and the state company Egyptian General Petroleum Corporation (EGPC).