Baku, Azerbaijan, Aug.22
By Leman Zeynalova – Trend:
Egypt’s Zohr gas field is expected to reach potential production rate of 3.2 billion cubic feet per day (bcfd), Trend reports citing Italy’s Eni company, which holds 50 percent stake in the project.
The new pipeline, in conjunction with the completion and optimization of the plant treatment capacity, paves the way to increase, by the year end, the field potential production rate up to 3.2 bcfd against the Plan of Development (PoD) plateau rate of 2.7 bcfd, according to the company.
Eni has announced that the production from Egypt’s Zohr field has now reached more than 2.7 bcfd, about 5 months ahead of the PoD.
“This remarkable result has been achieved following the completion of all eight onshore treatment production units – the last one commissioned in April 2019 – and all Sulphur production units in August, the production start-up of two wells in the southern culmination of the field (in addition to the ten wells already drilled in the northern culmination) as well as the start-up on August 18th 2019 of the second 216 km long 30” pipeline connecting the offshore subsea production facilities to the onshore treatment plant,” said the Italian company.
The Zohr field, the largest gas discovery ever made in Egypt and in the Mediterranean Sea, is located within the offshore Shorouk Block. In the Block, Eni holds a 50 percent stake, Rosneft 30 percent, BP 10 percent and Mubadala Petroleum 10 percent of the Contractor’s Share.
The project is executed by Petrobel, the Operating Company jointly held by Eni and the state corporation Egyptian General Petroleum Corporation (EGPC), on behalf of Petroshorouk, jointly held by Contractor (Eni and its partners) and the state company Egyptian Natural Gas holding Company (EGAS).
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