Eni Ramps Up Western Desert Output As Cairo Looks To Cut Through Red Tape

Italian firm Eni has ramped up crude production in the Western Desert to 70,000 b/d through its Agiba JV with Egypt’s state oil firm EGPC. Agiba contributed more than 10% of the country’s oil output which stood at 683,000 b/d in February.

Gross output from the four Western Desert development leases operated by Agiba, a joint venture grouping Eni and EGPC, hit a record 70,000 b/d last month, up more than 10,000 b/d on a year earlier.

Although Agiba has four producing Western Desert concessions: Melehia, Ras Qattara, Raml and West Razzak, the Melehia permit, 300km west of Alexandria, accounts for over 75% of total output, some 54,000 b/d. The field’s output has ramped up rapidly since mid-2012 when Eni first tapped the fields deep formations (MEES, 28 May 2012). Back in 2011-12 Agiba produced 40,000 b/d, of which Melehia produced 22,000 b/d. (CONTINUED - 954 WORDS)