Skip to main content
  1. Home
  2. Offshore & subsea
  3. 03 May 19
  4. Eni signs exploration and production agreement for Block 1 offshore Bahrain

Eni signs exploration and production agreement for Block 1 offshore Bahrain

Published by , Editor
Oilfield Technology,

Following a joint study conducted by Eni in 2016 and the signature of the Memorandum of Understanding dated 13 January 2019, Eni has signed an Exploration and Production Sharing Agreement (EPSA) with the National Oil and Gas Authority of the Kingdom of Bahrain (NOGA) for Block 1.

The signing took place in the presence of H.E. Sheik Mohamed Bin Khalifa Al Khalifa, Minister of Oil of Bahrain and Chairman of the board of directors in NOGA, and Claudio Descalzi, CEO of Eni.

Under the terms of the agreement, Eni will pursue exploration activities in the offshore area of over 2800 km2, located in the northern territorial waters of the Kingdom of Bahrain, with water depth ranging from 10 up to 70 m.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/03052019/eni-signs-exploration-and-production-agreement-for-block-1-offshore-bahrain/

You might also like

Mantl-Core and the moment hazardous area inspection finally changed

Every so often, an industry reaches a point where it becomes clear that the old way of working is no longer enough. Not because people lack competence or commitment, but because the tools have failed to evolve at the same pace as the responsibility placed upon them. For hazardous area inspection, that moment is now!

 
 

Embed article link: (copy the HTML code below):