Eni is drilling a key deepwater wildcat in the Egyptian Mediterranean. The Nigma-1 prospect on the Northeast Ha’py block was spudded last month. Drilling using the Tungsten Explorer drillship is ongoing.
Eni in June agreed to acquire 70% of Northeast Ha’py from compatriot Edison. As part of the deal Eni agreed to continue with, and pay for, Edison’s plans to drill the block before the end of 2019 (MEES, 14 June). Edison, owned by France’s EdF, retains 30%. (CONTINUED - 294 WORDS)