Italian energy group Eni announced on Friday the discovery of new oil resources in the Gulf of Suez.
The new resources were found in the Abu Rudeis Sidri development lease in the Gulf of Suez, where an appraisal well of this year's Sidri South discovery encountered an important hydrocarbon column, the company said in a statement.
The Sidri South discovery, announced in July and estimated to contain about 200 million barrels of oil, will be reassessed following the new discovery.
The operating company Petrobel, equally held by Eni and the Egyptian General Petroleum Corporation, immediately conceived a rapid development plan for the new discovery.
"The well will be completed and put into production in the next few days with an expected initial flow rate of about 5,000 barrels per day," the statement said.
Editor:Cherie
