Italian Eni to launch massive oil project in Libya

Italian Eni to launch massive oil project in Libya

October 23, 2021 - 14:02
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Written By: SafaAlharathy

The Italian oil giant Eni has extended the initial deadline to a deal with a service contractor to manage a massive oil project in partnership with the National Oil Corporation.

The project includes constructing two new fixed offshore platforms opposite the Mellitah complex west of Libya and modernizing another stand. In addition, the program will also develop a range of subsea pipelines besides an onshore gas treatment facility to benefit from the gas and condensate resources extracted from the offshore platforms.

The 85,000-ton platform for dealing with structures will produce along with the slightly lighter Ras Al-Bir platform around 760 million cubic feet of gas, 42,000 barrels of condensate, and 5,000 barrels of oil per day.

It is noteworthy that the project, which will cover all new facilities, will kick off in the first quarter of 2023 before entering production in 2026.

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