{"id":624919,"date":"2018-09-23T04:26:51","date_gmt":"2018-09-23T04:26:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/"},"modified":"2018-09-23T04:26:51","modified_gmt":"2018-09-23T04:26:51","slug":"italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/","title":{"rendered":"Italy\u2019s Eni to drill first exploratory well in Noor field this week"},"content":{"rendered":"<p><strong>Eni, Tharwa to begin Noor field drilling this week: <\/strong>Italy\u2019s Eni and Egypt\u2019s Tharwa Petroleum will reportedly begin drilling this week their first exploratory well in the offshore Noor gas field in North Sinai, <u><a href=\"https:\/\/www.zawya.com\/mena\/en\/story\/Italys_Eni_to_drill_North_Sinai_exploratory_oil_well_next_week_EGAS_official-TR20180920nL8N1W61L9X2\/\">an unnamed EGAS official tells Reuters<\/a><\/u>. Eni had signed a <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/15\/eni-signs-concession-agreement-to-begin-exploration-at-offshore-noor-gas-field-2\/\">USD 105 mn concession agreement<\/a><\/u> with the government last month to begin exploration activities in the East Mediterranean field alongside Tharwa Petroleum, which holds a 15% stake in Noor.<\/p>\n<p><strong>Expectations are high: <\/strong>Eni, which holds an 85% stake in the field, denied in recent months reports claiming that it had discovered 90 tcf of reserves there, or 3x as much as the supergiant Zohr field. The company signed two other agreements with the government last month for exploration in the Nile Delta and Western Desert. Oil Minister<\/p>\n<p>On a related note: <strong>Egypt\u2019s gas production is expected to record strong growth on the both the short- and long-terms<\/strong> as \u201cseveral major offshore development[s] ramp up output over 2018,\u201d according to a <u><a href=\"https:\/\/www.rigzone.com\/news\/strong_growth_in_short_term_egypt_gas_production_expected-20-sep-2018-156983-article\/\">report from Fitch carried by Rigzone<\/a><\/u>. Oil Minister El Molla had <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/16\/were-on-track-to-begin-natgas-exports-in-january-says-el-molla\/\">previously said<\/a><\/u> that Egypt would reach natural gas self-sufficiency and begin exports by January 2019, as gas fields including Zohr <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/09\/zohr-production-output-reaches-2-bcf-d\/\">connect more capacities<\/a><\/u> to the national grid. \u201cAs production exceeds domestic demand, we see the potential for gas to be exported via LNG to European and Middle Eastern markets, where LNG demand is expected to rise over the long-term,\u201d the report notes.<\/p>\n<p><strong>Strong international interest: <\/strong>Egypt <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/16\/govt-signs-over-usd-1-bn-in-exploration-agreements-with-shell-petronas-others\/\">signed last week<\/a><\/u> new exploration agreements worth more than USD 1 bn with Shell and Malaysia\u2019s Petronas, as well as Rockhopper, Kuwait Energy and Canada\u2019s Dover Corporation. A delegation from Petronas also <u><a href=\"https:\/\/almalnews.com\/Story\/390446\/59\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84-%D9%8A%D9%86%D8%A7%D9%82%D8%B4-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA--%D8%A8%D8%AA%D8%B1%D9%88%D9%86%D8%A7%D8%B3--%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%B2%D9%8A%D8%A9\">met with El Molla last week<\/a><\/u> to explore new opportunities to expand its business in Egypt<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eni, Tharwa to begin Noor field drilling this week: Italy\u2019s Eni and Egypt\u2019s Tharwa Petroleum will reportedly begin drilling this week their first exploratory well in the offshore Noor gas field in North Sinai, an unnamed EGAS official tells Reuters. Eni had signed a USD 105 mn concession agreement with the government last month to [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624919","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ce867595-618e-42f9-b36f-3295264dbfe9","order":"0","is_powered_by":true,"section_story_id":"84cf5c2e-79a3-4f25-a38c-88b0e1f4340f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[624906],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Italy\u2019s Eni to drill first exploratory well in Noor field this week - 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\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Italy\u2019s Eni to drill first exploratory well in Noor field this week\" \/>\n<meta property=\"og:description\" content=\"Eni, Tharwa to begin Noor field drilling this week: Italy\u2019s Eni and Egypt\u2019s Tharwa Petroleum will reportedly begin drilling this week their first exploratory well in the offshore Noor gas field in North Sinai, an unnamed EGAS official tells Reuters. Eni had signed a USD 105 mn concession agreement with the government last month to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-23T04:26:51+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Italy\u2019s Eni to drill first exploratory well in Noor field this week\",\"datePublished\":\"2018-09-23T04:26:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/\"},\"wordCount\":301,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/\",\"name\":\"Italy\u2019s Eni to drill first exploratory well in Noor field this week - 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Eni had signed a USD 105 mn concession agreement with the government last month to [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-09-23T04:26:51+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Italy\u2019s Eni to drill first exploratory well in Noor field this week","datePublished":"2018-09-23T04:26:51+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/"},"wordCount":301,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/","name":"Italy\u2019s Eni to drill first exploratory well in Noor field this week - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-09-23T04:26:51+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/italys-eni-to-drill-first-exploratory-well-in-noor-field-this-week\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Italy\u2019s Eni to drill first exploratory well in Noor field this week"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":622665,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/09\/eni-tharwa-to-finish-drill-first-well-in-noor-by-december\/","url_meta":{"origin":624919,"position":0},"title":"Eni, Tharwa to finish drill first well in Noor by December","author":"enterpriseam admin","date":"9 October 2018","format":false,"excerpt":"Eni and Tharwa Petroleum will reportedly complete in December drilling work on the Noor gas field\u2019s first exploratory well, government sources tell Al Masry Al Youm. The two companies began work on the offshore North Sinai field late last month under a USD 105 mn concession agreement signed with the\u2026","rel":"","context":"In &quot;Energy&quot;","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":628183,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/is-eni-about-to-announce-a-natural-gas-discovery-3x-the-size-of-zohr\/","url_meta":{"origin":624919,"position":1},"title":"Is Eni about to announce a natural gas discovery 3x the size of Zohr?","author":"enterpriseam admin","date":"27 June 2018","format":false,"excerpt":"Is Eni about to announce a natural gas discovery 3x the size of Zohr? Italy\u2019s Eni could unlock as much as 90 tcf of natural gas reserves from the Noor field in the offshore North Sinai Shorouk concession, Gulf-based Arab News writes, citing a combination of ministry sources and recent\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625790,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/eni-signs-concession-agreement-to-begin-exploration-at-offshore-noor-gas-field\/","url_meta":{"origin":624919,"position":2},"title":"Eni signs concession agreement to begin exploration at offshore Noor gas field","author":"enterpriseam admin","date":"15 August 2018","format":false,"excerpt":"Eni signs concession agreement to begin exploration at offshore Noor gas field: Eni announced yesterday signing a new concession agreement with the Egyptian government to begin exploration activities at the offshore Noor gas field in the East Mediterranean, the company said in a statement (pdf). The USD 105 mn agreement\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629216,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/tharwa-petroleum-readies-to-drill-in-north-sinais-noor-concession\/","url_meta":{"origin":624919,"position":3},"title":"Tharwa Petroleum readies to drill in North Sinai\u2019s Noor concession","author":"enterpriseam admin","date":"24 May 2018","format":false,"excerpt":"Tharwa Petroleum is waiting for final gas exploration approvals to begin drilling in the Noor concession in North Sinai, a company source says. The number of wells to be drilled will be determined once the contracts are signed, they added. The Cabinet had approved earlier this month a USD 105\u2026","rel":"","context":"In &quot;Energy&quot;","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":621594,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/uaes-mubadala-buys-20-interest-in-egypts-nour-concession\/","url_meta":{"origin":624919,"position":4},"title":"UAE\u2019s Mubadala buys 20% interest in Egypt\u2019s Nour concession","author":"enterpriseam admin","date":"13 November 2018","format":false,"excerpt":"M&A WATCH- UAE\u2019s Mubadala buys 20% interest in Egypt\u2019s Nour concession: The UAE\u2019s Mubadala Petroleum has agreed to buy a 20% participating interest in Egypt\u2019s Nour offshore concessionin North Sinai from Italy\u2019s Eni, Reuters reports. The value of the investment was not disclosed. Eni holds an 85% stake in the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626470,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/eni-denies-that-it-made-a-massive-gas-discovery\/","url_meta":{"origin":624919,"position":5},"title":"Eni denies that it made a massive gas discovery","author":"enterpriseam admin","date":"3 July 2018","format":false,"excerpt":"Eni denies that it has made a massive gas discovery in Egypt: Eni denied much-hyped reports that it made a massive discovery at the Noor gas field off the coast of North Sinai, Reuters reports. \u201cThere are prospects and new (geological) structures in Egypt but we still haven\u2019t discovered anything,\u201d\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/624919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=624919"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/624919\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/624906"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=624919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=624919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=624919"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=624919"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=624919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}