MILAN (Reuters) - Eni said on Thursday it
had made a giant natural gas discovery off Mozambique, the biggest in its
history, as the Italian oil and gas group moves to strengthen its position in
Africa.
Eni is one of the largest operators in Africa where it produces some 1
million of the firm's daily 1.8 million barrel output.
Earlier this month Eni said it expects production growth on the continent to
grow by 2 percent per year to 2014.
The Mozambique discovery came at the Mamba South 1 well in the Offshore Area
4 zone, Eni said in a statement, adding the Mamba South area could contain some
425 billion cubic metres of gas.
Eni said the potential of the first exploration well makes it the largest
discovery in the company's exploration history as operator.
After completion of drilling and testing activities, the rig will move to
drill the second commitment well called Mamba North 1, Eni said.
Eni is the operator of Offshore Area 4 with a 70 percent stake. Co-owners are
Galp Energia, KOGAS and ENH.
(in reuters)
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