Just over two years after discovery, Italian Eni’s flagship 24 tcf Zohr discovery is due to come online. Will the giant field give Egypt the energy independence it craves? Only time will tell.

Eni CEO Claudio Descalzi this week confirmed that Zohr is due to come online in December of this year, in “record time,” following its August 2015 discovery. The speed with which Zohr will come online is made more remarkable considering the field’s location 195km from shore and...