Eni Buys into Egypt's Habi Offshore Concession

(Photo: Eni)
(Photo: Eni)

Italian energy company Eni has bought 70% of Edison's stake in Block 12 of the offshore Habi gas concession in Egypt's eastern Mediterranean, an official at state-owned Egyptian gas company EGAS said on Thursday.

The official, who spoke on condition of anonymity, declined to give further details. Edison won Block 12 in a bidding round run by EGAS in 2015.


(Reporting by Ahmed Ismail; Writing by Aidan Lewis; Editing by David Goodman)

Current News

Decarbonization Offshore O&G: Navigating the Path Forward

Decarbonization Offshore O&G:

US Offshore Wind: Outlook Strong Despite Construction Productivity Issues

US Offshore Wind: Outlook Stro

Bourbon Orders Exail Tech to Streamline Subsea Fleet’s Services for Offshore Energy

Bourbon Orders Exail Tech to S

Asso.subsea Wraps Up Subsea Cables Installation at French Floating Wind Pilot

Asso.subsea Wraps Up Subsea Ca

Subscribe for OE Digital E‑News

Offshore Engineer Magazine