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For Eni three new exploration licenses in Egypt

The group was awarded the new exploration concessions in the competitive international auctions EGPC and EGAS 2013. The formal assignment will take place shortly after the finalization and ratification of the agreements. Descalzi: "Egypt strategically important for Eni".

For Eni three new exploration licenses in Egypt

Eni was awarded three new explorative licenses in Egypt in the context of the international competitive bid rounds EGPC and EGAS 2013. The new licenses will be formally assigned in a short time - informs a press release from the Italian group - following the ratification and finalization of the concession agreements.

"I am very satisfied with this result - commented Eni's CEO, Claudio Descalzi - the acquisition of these new exploration permits further consolidates our presence in Egypt, a historically and strategically important country for Eni".

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