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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Eni Spa | BIT:ENI | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 15.136 | 15.46 | 14.60 | 0.00 | 06:30:05 |
From May 2019 to May 2024
By Nathan Allen
Eni SpA (ENI.MI) said Tuesday that it has started production at the South West Meleiha lease in Egypt and made several near-field discoveries in the country.
Production at South West Meleiha, which is located in Egypt's Western Desert, has reached 5,000 barrels of oil per day and is set to increase to 7,000 barrels per day by September, Eni said.
Eni holds a 50% interest in South West Meleiha, while Egyptian General Petroleum Corporation holds the remaining 50%.
Meanwhile, the Italian oil major said it has made two new oil discoveries within the Meleiha development area, an oil discovery in the Gulf of Suez and a gas discovery in the El Qar'a exploration lease in the Nile Delta.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 23, 2019 05:42 ET (09:42 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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