Italy’s Eni won operatorship of two deepwater offshore and one onshore exploration licenses in Egypt Thursday.
Eni was awarded a 100 percent participating interest and operatorship in the onshore block South-West Melehia.
The block is located in Egypt’s Western desert, near the Melehia Development lease where the company has a participating interest.
The South-West Melehia license covers an area of 794 square miles.
Eni will also become the operator of offshore licenses Block 9 and Block 8, located in deep offshore waters in the Mediterranean Sea near the boundary with Cypriot waters.
Eni will hold 100 percent equity in Block 9, also called the North Leil Offshore block.
The block covers 1,971 square miles in water depths ranging from 6,889 feet to 9,186 feet.
In Block 8, also known as Karawan Offshore, Eni will partner with BP with both companies holding a 50 percent equity interest.
Eni will operate the Karawan Offshore block.
Karawan covers an area of 1,762 square miles in water depths ranging from 6,561 feet to 8,202 feet.
Eni said the new licenses will be formally awarded soon, after the ratification and finalization of the concession agreements.
“I am very pleased with the acquisition of these new exploration permits which further strengthens our presence in Egypt, a historically and strategically important country for Eni,” Eni’s CEO Claudio Descalzi said.