Egypt
Reveal the field of "Nour" promising in Egypt
Egyptian Minister of Petroleum and Mineral Resources Tariq Al-Mulla met with Italy's chief executive, Claudio Discalzi, to agree on the company's future investments in Egypt and to drill the new Noor field.
The company has allocated 70% of its investments globally to invest in Egypt. He pointed out that the amount of investments injected into the fields of Norris has so far reached 8.4 billion dollars and that another $ 3 billion is planned for the next stage.
The Egyptian Minister of Petroleum pointed out that the executive position was reviewed to complete the rest of the development phase of the field and the completed construction works in gas treatment plants at the land station in Port Said.
The meeting also discussed the position of implementing the project to complete the development project of the Nores field as well as the planned drilling plan for the new field "Nour" promising in the Mediterranean region.
The discovery of the largest gas field in the world in the Mediterranean Sea of Excellence in the Egyptian economic waters, which will be announced the size of its official reserves after the completion of data collection, indicating that the field estimated initial reserves of more than 90 trillion A cubic meter of gas represented three times the "back" field.
Eni, the original owner of the Shorouq concession, currently owns 50% of the concession area, compared to 10% for BP, 30% for Russian company Rosneft and 10% for Mubadala.
Source: Masrawy
https://ar.rt.com/kejg
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