Work at Zohr gas field 83.5% complete

Work at Eni’s Zohr gas field is 83.5% complete as of August, with seven wells drilled and producing, the Oil Ministry said in a statement. USD 4 bn have been invested in the field to date, the chairman of Eni’s JV Petrobel, Atef Hassan, said. Zohr should be fully developed by end of 2018. Separately, FY2016-17 saw Petrobel invest USD 693 mn, drill 33 wells, and discover 868 bcf of gas reserves.