The Nour prospect, 50km north of Egypt’s Sinai Peninsula, was to be the country’s next Zohr, or if you were to believe the country’s former oil minister Usama Kamal, three times the size of Eni’s game-changing 21.5tcf 2015 discovery.
But several knowledgeable sources including state officials and those at services firms involved in the work, tell MEES that post-drilling estimates for Nour, drilled by the Italian firm late-last and early-this year, indicate a relatively modest 2tcf of gas reserves. (CONTINUED - 550 WORDS)