During a meeting with Egyptian Minister of Petroleum and Mineral Resources Karim Badawi, Eni’s COO Guido Brusco announced that the Italian energy firm plans to drill new wells in its Egyptian concessions to increase production.
For his part, Badawi stressed that the petroleum sector is looking forward to further joint achievements with Eni, focusing on boosting production and developing oil and gas resources.
The meeting also explored 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.