Eni continues oil and gas discovery in North AfricaCreated: Friday, 31 August 2018 12:00Eni continues to boost oil and gas activities in North Africa. (Image source: John R Perry/Pixabay)Eni, Africa-focused oil and gas company, has announced a gas discovery in the Egyptian Western DesertThe discovery well has been drilled on the Faramid South exploration prospect located in East Obayed concession, 30 km North-West of the Melehia Concession. Eni has started the studies to develop these relevant gas reserves that, together with the gas potential of the Melehia Concession, aim to increase the country gas production from the Western Desert Basin. The oil and gas major, through its operating company AGIBA, which is equally held by Eni subsidiary IEOC and the Egyptian General Petroleum Corporation (EGPC), currently produces 55,000 boepd from the Egyptian Western Desert. AGIBA owns 100 per cent of the East Obayed Concession.

Source: The North Africa Journal August 31, 2018 12:00 UTC