• 10:18
  • Wednesday ,11 July 2018
العربية

Eni announces new oil discovery in Egypt

Coptsunited

Top Stories

00:07

Wednesday ,11 July 2018

Eni announces new oil discovery in Egypt

Eni announced a second light oil discovery on the B1-X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa.

The discovery on B-1X confirms the high exploration and production potential of deep geological sequences of the Faghur Basin. Eni plans, in the near term, the drilling of other exploratory prospects located nearby the A2-X and B-1X discoveries to consolidate what can result as a new productive area for Eni in Egypt.