Egypt: Eni announces a new gas discovery in the Eastern Mediterranean Sea, offshore Egypt

Eni has announced a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The well, which encountered approx. 200 net feet (61 m) of Miocene and Oligocene gas bearing sandstones, can be developed leveraging the proximity to Eni’s existing facilities.

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