Report summaryIEOC (Eni) made the Port Fouad and Wakar gas/condensate discoveries in the early 1980s, but due to the absence of a sizeable local gas market, the accumulations were not developed. After the North Port Said Block was re-awarded to IEOC in 1991, the company successfully appraised the fields and was granted a development licence. The Port Fouad field came onstream in March 1996, followed by Wakar and Darfeel in 1997. IEOC also made a string of new dry gas discoveries between 1996 and 1998. ...
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