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Eni Announces $8.5B Investment Plan to Boost E&P Activities in Egypt
Source: zacks.com
Company FundamentalsEnergy Markets & PricesInfrastructure & Defense
E plans to invest $8.5B in Egypt, targeting nearly 30 exploration wells and around 200 development wells. The program also advances the Denise West and Cronos gas projects, signaling continued growth capex tied to resource development rather than near-term financial stress.
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