Eni & Energean Plan Egypt Farm Down Forward Of Deepwater Wi…


London-listed Greek agency Energean says that it “expects to” farm down its stake in Egypt’s Northeast Hap’y deepwater Mediterranean block from 30% to 12% previous to the drilling of a nicely concentrating on the Orion prospect in 1H 2023.

The companies are concentrating on 190bcm (6.7tcf) of 2P gasoline initially in place, Energean says, including that the Orion prospect additionally encompasses 300mn barrels of oil on the identical ‘P50’ foundation. (CONTINUED – 194 WORDS)

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