Shell to resume Egypt deepwater drilling
Egypt eni-egypt-zohr
The news comes as Egypt is hoping to end energy imports by 2019, Reuters reported, citing Shell’s executive vice-president Sami Iskander.
The company relinquished a block off the Nile Delta in 2011 after unsuccessfully seeking to establish the presence of commercial quantities of gas there for about a decade. Since then, however, a series of discoveries capped by Eni’s Zohr find in 2015 have rekindled interest in the area.
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