Eni Announces Oil Discovery in Egyptian Western Desert

  • 5/4/2018
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Italian oil company Eni announced an oil discovery in the Egyptian Western Desert, on the A-2X exploration prospect located in South West Meleiha license. The well has been opened to production in the Dessouky sandstones and delivered 2,300 barrel of oil per day, the company said in a press release. Eni has been present in Egypt since 1954, where it operates through its subsidiary IEOC.  The discovery on A-2X prospect is the result of a new exploration campaign designed to target the deep geological sequences of the Faghur Basin, the firm said. Further to the development of this discovery, that will require appraisal activities, Eni plans, in the near term, the drilling of other exploratory prospects located nearby A2-X discovery that, in case of success, may open a new productive area in Egypt, it added.

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