Project Profile
Value: US$240 million
Location: Mediterranean Sea, near boundary with Cypriot waters, Egypt
Area: 4,565 sq km
Depth: From 1,200m - 2,200m
Block 8, also named the Karawan Offshore Block - lies at approximately 220 km to the NE and 170 km to the NW of Alexandria and Port Said cities respectively. The southern boundary of Karawan is situated some 107 km to the north of the shoreline, with its northern boundary extending for additional 87 km in water depths ranging between 1200 m and 2200 m. Eni is the Operator of this project, with BP as its partner; both companies hold a 50% equity interest.
Operators:
Eni: Operator with 50% interest
BP: 50% interest
Contractors:
Subcontractors: