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Article: Eni to boost cooperation with Egypt's oil ministry

Article from:
Al Bawaba
Article date:
May 12, 2009
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Eni CEO, Paolo Scaroni, and Egypt's Minister of Petroleum, Amin Sameh Samir Fahmy, have announced new initiatives creating a new framework for cooperation between the two parties. These initiatives will enable Eni and Egypt's Ministry of Petroleum to broaden and enhance their mutual co-operation aimed at developing hydrocarbon reserves in the Country and start joint activities for the training of personnel.

Exploration and production of hydrocarbons The new co-operation initiatives include the extension of the licence for the giant field Belayim (Gulf of Suez), which Eni operates with a 100% stake, for a further 10 years through the end of 2030. The extension of the Belayim licence, which ...

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