{"id":563056,"date":"2021-06-16T03:50:24","date_gmt":"2021-06-16T03:50:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/16\/a-merger-in-the-western-desert\/"},"modified":"2021-06-16T03:50:24","modified_gmt":"2021-06-16T03:50:24","slug":"a-merger-in-the-western-desert","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/16\/a-merger-in-the-western-desert\/","title":{"rendered":"A merger in the Western Desert"},"content":{"rendered":"

<\/a> Eni to merge two concessions in Western Desert:<\/strong> Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Russian multinational energy corporation Lukoil to merge its Meleiha and Meleiha Deep concessions in the Western Desert, the Italian oil and gas operator said in a statement<\/a> yesterday. The new concession, dubbed Merged Meleiha, will be extended to 2036, with a possibile stretch to 2041. Eni operates some of Egypt\u2019s most important oil and gas resources including the giant Zohr natural gas field, the Noor concession, and the Damietta LNG plant<\/a>.<\/p>\n

Who will own what?<\/strong> Eni subsidiary IEOC will own 76% of Merged Meleiha while Lukoil will hold the remaining 24%. The new concession will be operated by Agiba \u2014 a joint venture between IEOC and the EGPC.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eni to merge two concessions in Western Desert: Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Russian multinational energy corporation Lukoil to merge its Meleiha and Meleiha Deep concessions in the Western Desert, the Italian oil and gas operator said in a statement yesterday. The new concession, dubbed Merged Meleiha, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[557,93,197,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563056","post","type-post","status-publish","format-standard","hentry","category-energy","tag-egyptian-general-petroleum-corporation","tag-energy","tag-eni","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9b7a472c-2409-427b-b8c4-415a073d10f1","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[563042],"teaser":"","voice_url":""},"yoast_head":"\nA merger in the Western Desert - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/16\/a-merger-in-the-western-desert\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A merger in the Western Desert\" \/>\n<meta property=\"og:description\" content=\"Eni to merge two concessions in Western Desert: Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Russian multinational energy corporation Lukoil to merge its Meleiha and Meleiha Deep concessions in the Western Desert, the Italian oil and gas operator said in a statement yesterday. 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Production is expected to reach 7k bbl\/d by September 2019. West Meleiha is 50%-owned by Eni\u2019s IEOC and 50% by state-owned Egyptian\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/172.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556490,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/27\/eni-makes-3-new-oil-and-gas-discoveries-in-western-desert\/","url_meta":{"origin":563056,"position":1},"title":"Eni makes 3 new oil and gas discoveries in Western desert","author":"enterpriseam admin","date":"27 October 2021","format":false,"excerpt":"Italian oil and gas producer Eni has made three new oil and gas discoveries in its Meleiha and South West Meleiha concessions in the Western Desert, the Oil Ministry announced in a statement. The three discoveries have a collective potential daily output of 6k barrels of oil, while the collective\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578710,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/11\/apex-acquires-shares-in-six-oil-concessions-from-eni\/","url_meta":{"origin":563056,"position":2},"title":"Apex acquires shares in six oil concessions from Eni","author":"enterpriseam admin","date":"11 January 2023","format":false,"excerpt":"Egypt-focused oil and gas firm Apex International Energy will acquire shares in six producing oil concessions in the Western Desert from Eni, the company said in a statement yesterday. The assets will raise Apex\u2019s production by 65% to 11.5k barrels per day, which the company says will make it the\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/167.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627212,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/eni-plans-to-begin-production-at-south-meleiha-concession-in-3-6-months\/","url_meta":{"origin":563056,"position":3},"title":"Eni plans to begin production at South Meleiha concession in 3-6 months","author":"enterpriseam admin","date":"25 July 2018","format":false,"excerpt":"Eni plans to begin production on the South Meleiha concession in the Western Desert\u2019s Faghur Basin in three to six months time, Oil Ministry sources tell Al Shorouk. The company plans to drill the third exploratory well of the concession before the end of 3Q2018, said the source. Earlier this\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626729,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/eni-announces-light-oil-discovery-from-south-meleiha-concession\/","url_meta":{"origin":563056,"position":4},"title":"Eni announces light oil discovery from South Meleiha concession","author":"enterpriseam admin","date":"10 July 2018","format":false,"excerpt":"Eni announces light oil discovery from South Meleiha concession: Eni announced yesterday (pdf) that it has made a light oil discovery at its second exploratory well in its South Meleiha concession in the Western Desert\u2019s Faghur Basin. 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