By Nathan Allen

Eni SpA (ENI.MI) said Friday that Egyptian authorities have granted it two onshore exploration blocks, close to existing commercial oil discoveries.

The Italian oil major said the first block, named South East Siwa, covers 3,013 square kilometers in Egypt's Western Desert region and is close to Eni's existing SW Melehia concession. Eni holds a 100% interest in the block.

The second block, held jointly by Eni and BP PLC (BP.LN), is named West Sherbean. Eni said it covers 1,535 square kilometers on the Nile Delta, close to its Nooros oil field.

Eni said the proximity to existing infrastructure will aid exploration of the blocks.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

February 15, 2019 05:47 ET (10:47 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Eni (BIT:ENI)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Eni.
Eni (BIT:ENI)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Eni.