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Monday, 12 June 2017

Edison looking for a partner to drill at North East Hapi concession

Italy’s Edison is looking for a partner to begin drilling the first deepwater well at its North East Hapi concession. Drilling costs could surpass USD 100 mn, an unnamed EGAS source tells Al Shorouk. Edison had signed an USD 86 mn agreement with EGAS in January for E&P operations and drilling two new wells in the concession.

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