Eni Discovers Massive Gas Field in the Mediterranean
- `Super giant' field may hold 30 trillion cubic feet of gas
- Eni is sole operator of concession in Egypt's Shorouk block
Eni Claims Largest Gas Field Find in the Mediterranean
This article is for subscribers only.
Eni SpA discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company said is the largest find in the Mediterranean Sea.
The deep-water deposit in the Zohr Prospect in the Shorouk block may hold 30 trillion cubic feet of gas, equivalent to 5.5 billion barrels of oil, Eni said in an e-mailed statement Sunday. Eni, which wholly owns the license for Shorouk, said the discovery validates its strategy of exploring mature areas. Egypt’s petroleum ministry confirmed the discovery in a separate statement.