Eni, NOC to develop two gas fields offshore Libya
#Eni and National Oil Corp. of Libya #NOC have committed to the Structures A&E #gas production project.
It involves development of the Structures A and E fields in Libya’s offshore contractual area D. Production is due to start in 2026, building to a peak of 750 MMcf/d.
There will be two main platforms connected to existing treatment facilities at the onshore Mellitah complex, with further plans to construct a carbon capture and storage facility at Mellitah to reduce the development’s carbon footprint.
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Eni estimates total investments at $8 billion. Some of the gas will supply the domestic market with the remainder exported to Italy.
The company operates in Libya via the joint venture Mellitah Oil and Gas (Eni 50%, NOC 50%), and it achieved average equity production last year of 165,000 boe/d.
Source: Offshore Mag
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