During a meeting with Egyptian Minister of Petroleum and Mineral Resources Karim Badawi, Eni’s COO Guido Brusco announced the Italian energy firm’s plans to drill new wells in its Egyptian concessions to increase production.
Minister Badawi emphasized the petroleum sector’s enthusiasm for further joint achievements with Eni, particularly in enhancing production and developing oil and gas resources.
The meeting also delved into potential cooperation on emissions reduction projects in the natural gas industry, following the memorandum of understanding (MoU) signed between Eni and the Egyptian Natural Gas Holding Company.