ROME - Italian energy giant Eni on Thursday announced the start of the third production unit (T-2) of the Zohr project that will increase the installed capacity to 1.2 bcfd. Zohr is now producing 1.1 bcfd in ramp-up, equivalent to approximately 200,000 barrels of oil a day (boed), of which 75,000 for Eni, the company said. This ''outstanding result'' has been achieved only a few months after the field's start-up in December 2017, Eni said.
Oman, the biggest Middle East oil producer outside Opec, signed two separate agreements with France’s Total and Anglo Dutch oil major Shell to develop gas projects and fields in the sultanate.
The Shell agreement covers proposed projects covering upstream gas exploration and development, gas-to-liquids, liquefied natural gas and renewable energy, it said in statement on Sunday. Separately, Shell and Total, which hold 75 per cent and 25 per cent stakes in the Greater Barik area onshore Block 6 respectively, will collaborate before state back-in to produce an initial 500 million standard cubic feet of gas per day, with a target to reach a potential 1 billion cf/d “at a later stage.” The two companies didn’t provide a timeline for gas production or the cost for the project.
French oil-and-gas company Total SA FP will buy a 25% stake in U.S.-based Clean Energy Fuels Corp. CLNE, -8.84% and become its largest shareholder, the companies said Thursday.
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