Field "Zohr" Egyptian gas giant, the most important projects to develop natural gas fields

Field "Zohr" Egyptian gas giant, the most important projects to develop natural gas fields
    Field "Zohr" Egyptian gas giant, the most important projects to develop natural gas fields
    The field of "Zohr" Egyptian gas giant, one of the most important projects for the development of natural gas fields being implemented, as classified companies operating in the field of oil and gas field as the largest gas discovery in the countries of the basin of the Eastern Mediterranean and one of the largest discoveries on the global level, "Day Seven" monitors the most important Field Information:


    1 - The Petroleum Agreement for Disclosure was signed in January 2014 after the Italian company Eni won the international bid presented by Egygas
    2- The discovery was achieved on August 30, 2015 in the Shorouk concession area in the Mediterranean Sea, covering about 100 km of concession area.
    3 - 30 trillion cubic feet of gas giant detection reserves made it the largest in the Mediterranean.

    Field "Zohr" Egyptian gas giant, the most important projects to develop natural gas fields

    4. Early production began in December 2017 with an average production of 350 million cubic feet gradually increasing to 1.2 billion cubic feet per day before the end of the first half of 2018 and gradually reaching 2.7 billion cubic feet per day in 2019.

    5. Development of detection has reached a record time, taking only 28 months before production begins.
    6 - 7 wells were drilled in the first phase with investments of 5 billion dollars increased to 8 billion dollars and increased to 16 billion throughout the project period.
     7. All quantities produced from the Zohr field are directed to the local market.
    8 - Italian company Eni the main operator of the field, where it owns 60% of the concession area of ​​Sunrise, compared to 30% of Russian company Rosneft and 10% of the British company BP
    9 - The completion of the first phase of the field production with the operation of a number of other fields to achieve self-sufficiency of natural gas in Egypt before the end of this year.
    10- Experimental start-up of the Zohr field increases Egypt's natural gas production to 5.5 billion cubic feet per day.

    11. The production of gas from the Zahr field will contribute to a savings of $ 60 million per month, and will increase with the completion of production to $ 2 billion annually.
    Wael Elyamani
    @Posted by
    writer and blogger, founder of CTV Egypt News .

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