Eni and Egypt Strengthen Partnership on Natural Gas and Oil Production

Strategic Insights -

Egypt's Prime Minister, Mustafa Kemal Madbouly, met with Eni's Chief Operating Officer Global Natural Resources, Guido Brusco, to review the company's ongoing activities and future plans in the country. During the meeting, Eni's efforts to support natural gas and oil production were discussed, with a focus on initiatives such as short-cycle gas exploration, life extension of mature onshore fields, and development of the East Med integrated gas hub. Eni is committed to leveraging its asset portfolio to maximize operational efficiency and contribute to Egypt's energy security.

Key Takeaways:

  • Eni is the leading producer in Egypt, with a hydrocarbon production of approximately 280,000 barrels of oil equivalent per day in 2024.
  • The company is focusing on short-cycle gas exploration, life extension of mature onshore fields, and development of the East Med integrated gas hub.
  • Eni is committed to leveraging its asset portfolio to maximize operational efficiency and contribute to Egypt's energy security.
  • The company is working on a workplan and planned drilling activities for the Temsah concession, which was extended in July 2025.
  • Eni is also implementing subsurface technologies and relaunching development activities onshore to extend and valorize production.
  • The company reiterated its commitment to Egypt's ambition to grow as a gas hub in the East Med Region.
  • Eni is currently operating in Egypt through its subsidiary IEOC and has a significant presence in the country.

Statistics:

  • Eni's hydrocarbon production in Egypt in 2024: 280,000 barrels of oil equivalent per day.
  • Number of days: 2024.
  • Location: Egypt.
  • Type of production: Hydrocarbon.

Sources:

  • Gulfoilandgas.com
  • SyndiGate Media Inc. ( )