Tuesday, 20 July 2010

Eni begins operations in Tuna field off the coast of Egypt

Eni has begun gas production in the Tuna field, within the Temsah concession, located in the Mediterranean sea off the coast of Egypt. It is expected that by September, the project will yield around 4.5 million scm/day, and will contribute approximately 8,500 be/day to Eni's equity share production.

Eni owns a 50 per cent of the Temsah concession with the remaining 50 per cent owned by BP. Petrobel, a joint operating company owned by International Egyptian Oil Company (IEOC) and Egyptian General Petroleum Corporation (EGPC), is the operator of the Tuna project. The project consists of a new 4 leg platform in approximately 80 meters of water, three producing wells and 14km of 24" pipeline connecting to an existing infrastructure.

Eni's activities in the Temsah concession, one of the most lucrative in Egyptian waters, with production in excess of 170,000 b/d, continue with ongoing campaign of infill drilling in Temsah, and development of the Denise B field, which is expected to begin production in 2011.

To find out more about Eni please visit Eni's web site, which you can find here.

For more news and expert analysis about Egypt, please see Egypt Politics & Security.

© 2010 Menas Associates

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