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Eni, Chevron Made New Gas Discovery In East Med

NATURAL GAS

Eni and Chevron announced they had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean Sea according to Reuters.

  • The Nargis-1 well is part of Egypt's 1,800-sq. km Nargis Offshore Area concession operated by Chevron, and equally owned by Eni.
  • Egypt's EGAS said the quantity of reserves in the well were being evaluated, and it would work with Chevron and the other partners to start production as soon as possible.

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