Eni has farmed-out a 25% interest to BP and 20% to Mubadala in the Nour North Sinai Offshore block, 739 sq km in the offshore East Nile Delta Basin in WD 50-400m. The deal has been approved by the govt, resulting partnership Eni (op), 40%, BP 25%, Mubadala 20% + Tharwa 15%.
Egypt, Nile Delta (Dev)