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.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more