Eni announces new oil discovery in Egypt’s Western Desert ...Egypt

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The Italian Oil Company Eni announced on Wednesday the discovery of new oil resources in Egypt’s Western Desert, adding 10,000 barrels of oil each day to the country’s current concession. In a press release on its website, Eni said that the initial discovery was made through the Arcadia 9 well, located 1.5 kilometers south of the main field. The well is already producing 5,500 barrels of oil each day. Following the discovery in Arcadia 9, two additional wells, Arcadia 10 and 11, were expanded and more resources were uncovered. Eni’s exploration in the Western Desert is implemented through Agiba, a joint venture between Eni and the Egyptian General Petroleum Corporation. Eni has been present

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