Eni Finds New Oil, Gas in Egypt Desert
April 14 2022 - 1:53AM
Dow Jones News
By Joshua Kirby
Eni SpA said late Wednesday that it has made several discoveries
of oil and gas at its wells in Egypt's Western Desert.
The discoveries amount in total to around 8,500 barrels of oil
equivalent a day, the Italian oil-and-gas company said.
The discoveries have been connected and tied into production,
Eni said, adding that they confirm the potential of the area after
other discoveries last year.
"Other exploration activities in the concession are ongoing with
promising indications," Eni said.
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
April 14, 2022 01:38 ET (05:38 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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