Eni and the Libyan National Oil Corporation (NOC), operating together via the Mellitah Oil & Gas joint venture, have begun hydrocarbon production from the Sabratha Compression Project.
This offshore initiative aims to maintain and boost gas production at the Bahr Essalam field, situated around 100km offshore Libya.
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The project involved adding a 1,600t compression module to the Sabratha platform.
This installation is fitted with new compression trains and offers a total compression capacity of approximately 440 million standard cubic feet per day.
The new module supports production in low-pressure conditions by countering the natural decline in the Bahr Essalam field and is expected to add approximately 800 million cubic metres (mcm) of gas per year, along with associated condensate.
This increase will contribute to maintaining Libya’s national power generation and support energy exports to Italy via the Greenstream pipeline.
Additional projects are also under way in Libya. Commissioning activities are ongoing for the Bouri Gas Utilization Project following the recent installation of the Bouri Gas Recovery Module.
Furthermore, the Structures A&E project is advancing to develop two further offshore gas fields.
Eni has operated in Libya since 1959 and remains a major international stakeholder in the country’s energy sector.
The company expects to reach around 162,000 barrels of oil equivalent per day in equity production in 2025, with three development projects now under way, representing an investment of roughly $10bn (€8.78bn).
In a separate development, Eni has entered into a sale and purchase agreement to acquire a 32% interest in the Meseta Buena Esperanza, Aguada Villanueva and Las Tacanas blocks within Argentina’s Vaca Muerta basin.
Upon finalisation of the transaction, YPF will hold 36%, with Eni and XRG each holding 32%.
These assets are intended to supply gas for the Argentina LNG integrated upstream-midstream development, targeting a total liquefaction capacity of 12 million tonnes per annum via two floating liquefied natural gas (LNG) units.
The upstream blocks, operated by YPF and located onshore Argentina, are expected to support the country’s LNG export ambitions.
XRG and Eni’s agreements are subject to customary regulatory approvals.
After completion, the deal will expand XRG’s international gas and LNG portfolio, which already contains assets such as Rio Grande LNG in the US, the offshore Absheron gas and condensate field in Azerbaijan, and Offshore Block 1 in Turkmenistan.
XRG also has interests in Mozambique’s Rovuma basin through the Area 4 concession, including projects such as Coral North FLNG and the Rovuma LNG onshore development.
Last month, Eni conducted a drill stem test at the Geliga-1 gas discovery offshore East Kalimantan, Indonesia.
