Project Profile
Value: US$80 million
Location: southwest of the Temsah area and Port Fouad
Area: 1,927 sq km
Start-up Year: -
Eni has acquired stake in an offshore block in the Egyptian waters of the Mediterranean Sea. The block, which will be managed by Eni’s subsidiary IEOC, is in the shallow waters of the Mediterranean Sea, facing the Nile Delta and located southwest of the Temsah area and west of the Baltim area, where Eni operates existing fields and production facilities. The North Ras El Esh block covers an area of 1,927 square kilometres respectively.
Operators:
BP: Operator with 50% interest
Eni: 50% interest