{"id":30998,"date":"2026-04-07T13:33:40","date_gmt":"2026-04-07T11:33:40","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=30998"},"modified":"2026-04-07T13:33:40","modified_gmt":"2026-04-07T11:33:40","slug":"italys-eni-discovers-2-trillion-cubic-feet-of-gas-offshore-egypt","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/italys-eni-discovers-2-trillion-cubic-feet-of-gas-offshore-egypt\/","title":{"rendered":"Italy&#8217;s Eni discovers 2 trillion cubic feet of gas offshore Egypt"},"content":{"rendered":"<p>Eni has made a gas and condensate discovery offshore Egypt after drilling the \u200bDenise W\u20111 exploration well in the Temsah \u200cConcession in the Eastern Mediterranean, the Italian energy group said this Tuesday.<\/p>\n<p>Preliminary estimates indicate about 2 trillion \u200bcubic feet of gas initially in place \u200band 130 million barrels of associated condensates.<\/p>\n<p>The \u2060discovery will help Eni to support Egypt&#8217;s \u200bgoal of boosting gas reserves and increasing production, \u200bthe Italian company said.<\/p>\n<p>Egypt&#8217;s local gas production has fallen in recent years and the country is currently suffering \u200bfrom spillover effects of the Iran war, particularly \u200bin the energy sector, as it depends on imported fuel.<\/p>\n<p>Eni&#8217;s \u200cdiscovery \u2060is located around 70 kilometres (43 miles) offshore in 95 metres (312 feet) of water depth and less than 10 km from existing infrastructure, creating \u200bsubstantial synergies \u200bfor a \u2060fast\u2011track development.<\/p>\n<p>The Denise W\u20111 well was drilled following a binding agreement signed \u200bin July 2025 with Egyptian authorities \u200bto \u2060renew the Temsah Concession for 20 years.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":21961,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-30998","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"The \u2060discovery will help Eni to support Egypt's \u200bgoal of boosting gas reserves and increasing production.","published_date":"","news_description":"The \u2060discovery will help Eni to support Egypt's \u200bgoal of boosting gas reserves and increasing production.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/30998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/30998\/revisions"}],"predecessor-version":[{"id":31000,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/30998\/revisions\/31000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/21961"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=30998"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=30998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}