Italian company Eni has secured two new shallow-water concessions in Egyptian waters of the Mediterranean Sea.
The latest concessions North El Hammad and North Ras El Esh come on the back of the recent award of deepwater Karawan and North Leil blocks, and bolster Eni’s presence in Egypt.
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The company will be able to restart its exploration activities after the recent successes of Nidoco NW and Zohr.
Exploration licences North El Hammad and North Ras El Esh cover 1,389km² and 1,927km² respectively, and have been secured by the company during the 2015 EGAS bid round.
In North El Hammad, Eni has been awarded a 37.5% participating interest and operatorship and will partner with BP (37.5%) and Total (25%).
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The company obtained a 50% participating interest in North Ras El Esh, where it partners with BP (50%) the operator.
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By GlobalDataTo be managed by IEOC, a subsidiary of Eni, the two blocks are in the shallow waters of the Mediterranean Sea.
The blocks face the Nile Delta and are located south-west of the Temsah area and west of the Baltim area.
In August, Eni made a significant gas discovery at its Zohr Prospect in the deepwaters of Egypt.
The discovery well Zohr 1X NFW is located in the waters of Egypt’s Offshore Mediterranean, at a water depth of 4,757ft in the Shorouk Block.
