EGYPT

Eni Shows Its Faith In Egyptian Deepwater

Eni has snapped up two key Egypt deepwater blocks.It is now the leading player deepwater East Med.

Eni this week announced it has been awarded two of the key deepwater gas-prone blocks on offer in a tender from Egyptian state firm Egyptian Natural Gas Holding Company (EGAS) late last year, as well as a block in the Western Desert offered in a simultaneous Egyptian General Petroleum Corporation (EGPC) bid round.

EGAS has now awarded three of...