Saturday, 26 December 2015
Petroleum Minister Tarek El-Molla said that an agreement was reached with the Italian firm Eni to launch work at Zohr gas field, which was discovered by the company in the Mediterranean four months ago, as of Saturday 26/12/2015.
The Italian company is currently digging 20 fields with investment cost reaching nearly USD 12 billion to be paid fully by the company.
For his part, Eni's Chief Executive Officer Claudio Descalzi said that the direct support from President Abdel Fattah El Sisi and work with the Egyptian government help in facilitating work at Zohr gas field.
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