Eni has announced another significant gas discovery of 1-1.5 trillion cubic feet of raw gas in place, in a deeper zone, in its first exploration well drilled in Offshore Block 2 Abu Dhabi in United Arab Emirates. This discovery follows the initial finding in a shallower zone of the same well, aggregating to a total gas in place of 2.5-3.5 TCF. The gas-bearing reservoirs were tested with excellent flow rates, and fast-track development options are currently under evaluation.
Eni has a 70% stake and is Operator of Block 2, with partner PTTEP that holds the remaining 30%.
