16 Aug 2016
(MENAFN) Italian oil firm-Eni invested USD3.5-4bn in applying the Zohr natural gas production processing plant at a capacity of 2.7bn feet of gas per day.
Accordingly, the whole investments in the field are estimated at USD12bn until the production starts, while investments will grow to USD16bn over the life of the field.
In addition, the firm is recently working in order to facilitate the production processes related to receiving and processing the gas in Port Said.
The Italian firm aims to link almost 900m cubic feet of gas per day with the national grid by the end of 2017 or in the first quarter of 2018.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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