The Italian company Eni begins pumping 100 million cubic feet of gas per day from the Nour Franches area in the eastern Mediterranean off the coast of northern Egypt, by mid 2026, and the company plans to dig a second well in the region during the second half of the current year, at an estimated cost of 80 One million dollars, according to government officials for the East.
The officials pointed out that it was agreed with the alliance of the operations existing companies in the Dhahr field led by the Italian company “Eni” to conduct a new seizure research within the “Noor” field site before the end of the current year to determine the volume of gas reserves in the layer that carries quantities of gas and is located at the top of the basic field .
They added that the production of the “Noor 1” well, with the “Narges” field to one pipeline that follows the infrastructure of the “Dhahr” field located in the Mediterranean, will be linked to reduce production costs from the scouts. Initial reports of the discovered layer of gas in the “Nour 1” well indicate that the gas reserves are about half a trillion cubic feet of natural gas, but digging the second well may enhance the chances of larger reserves, especially as they are close to the “Dhahr” field, which is the largest field The Egyptian gas producing, according to one of the officials.
The ownership of the “Nour” field is distributed by 40% for “Eni”, 25% for “BB”, 20% for the Emirati “Mubadala” company, and 15% for “Tharwa Petroleum”.
As for the “Narges” privilege, “Chevron” and “IEOC Production”, which belongs to Eni, owns a 45% share of each of them, while “wealth of Egyptian oil” has a 10% stake.
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