BIT:ENIOil and Gas
Eni Egypt Gas Find Adds New Dimension To LNG Growth Story
Eni (BIT:ENI) reports a major natural gas and condensate discovery at the Denise W-1 well in Egypt's offshore Temsah Concession.
The find is estimated at around 2 trillion cubic feet of gas and 130 million barrels of condensates.
The discovery sits close to existing infrastructure, creating potential for fast-track development and commercialization.
For you as an investor, this discovery adds a fresh element to the Eni story beyond earlier headlines on valuation, biofuels financing, and...