Italy-based Eni SpA
Italy-based Eni SpA, an oil and gas major,
plans to develop a newly discovered gas
feld in Egypt. Located offshore, the Zohr
feld is expected to require an investment of
between $6bn and $10bn to fully develop. The
company is currently in talks to sell at least
20 percent of its stake
EU Forecast
euf:ba.18.l:21/nws-01