Work at Eni’s Zohr gas field is 83.5% complete as of August, with seven wells drilled and producing, the Oil Ministry said in a statement.
USD 4 bn have been invested in the field to date, the chairman of Eni’s JV Petrobel, Atef Hassan, said. Zohr should be fully developed by end of 2018.
Separately, FY2016-17 saw Petrobel invest USD 693 mn, drill 33 wells, and discover 868 bcf of gas reserves.
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