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Pipeline Technology Journal 2-2015

Latest developments and news from the pipeline industry

ENI DISCOVERS LARGEST GAS FIELD EVER IN THE MEDITERRANEAN Eni, the Italian oil and gas giant, has startled the petroleum indus- try with the announcement of a supergiant gas discovery at its Zohr prospect in Egypt’s offshore economic waters. The field could poten- tially hold 30 trillion cubic feet of lean natural gas in place, the largest ever made in the Mediterranean Sea. After full development, the discovery will be able to satisfy Egypt’s gas demand for decades to come. Eni will immediately appraise the field with the aim of accelerating a fast track development of the discovery that will utilise at best the existing offshore and onshore infrastructures. “It’s a very important day for Eni and its people. This outstanding re- sult confirms our expertise and our technological innovation capac- ity with immediate operational application, and above all shows the strength of the cooperation spirit amongst all the company’s units which are at the foundation of our great successes. Our exploration strategy allows us to persist in the mature areas of countries which we have known for decades and has proved to be winning, reconfirm- ing that Egypt has still great potential, said Claudio Descalzi, Eni’s CEO. For further information: ENI Press Office E-mail: ufficio.stampa@eni.com NORD STREAM 2 PIPELINE PROJECT TAKES ANOTHER STEP FORWARD PJSC Gazprom, the German companies E.ON SE and BASF SE/ Wintershall Holding GmbH, the Anglo-Dutch Royal Dutch Shell plc, the Austrian OMV AG and the French Engie S.A. (formerly GDF SUEZ S.A.), signed a shareholder agreement to implement the Nord Stream 2 project for the construction of additional gas transporta- tion infrastructure to supply Russian natural gas to the EU market. Nord Stream 2 will be carried out based on the know-how and successful experience of Nord Stream in planning, construction and operation of the twin pipeline system through the Baltic Sea. Nord Stream AG welcomes this decision to enhance the security of supply of gas to the EU with the construction of additional natural gas transport capacities.This is a positive outcome of the study carried out by Nord Stream AG into the feasibility of extending the infrastructure and it follows on from its proven track-record of implementing the Nord Stream Pipeline. Nord Stream demonstrated that the construction and operation of natural gas pipelines through the Baltic Sea can be compatible with the challenging environment of the Baltic Sea. Nord Stream AG welcomes the intention of the Nord Stream 2 consortium to operate under the same high standards with regard to technology, environment, safety and corporate governance. The Nord Stream 2 project will be developed by a new project com- pany, New European Pipeline AG established in Zug, Switzerland, which will continue with the preparatory and planning activities initiated by Nord Stream AG. For further information: New European Pipeline AG E-mail: info@nep.eu.com. Concrete Coated Pipes at Kotka Marshalling Yard Pipeline Technology Conference 2010 Save The Date 11TH PIPELINE TECHNOLOGY CONFERENCE 23-25 MAY 2016, ESTREL CONVENTION CENTER, BERLIN, GERMANY 500+ DELEGATES 50+ EXHIBITORS 50+ DIFFERENT NATIONS DELEGATIONS FROM 50+ DIFFERENT PIPELINE OPERATORS  ABSTRACT SUBMISSION  ALL REQUIRED DATA SHOULD BE SUBMITTED VIA ONLINE FORM AT WWW.PIPELINE-CONFERENCE.COM/CALL-FOR-PAPERS Eni discovers a giant gas field in the Egyptian offshore INDUSTRY AND PRACTICE PIPELINE TECHNOLOGY JOURNAL 11

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