Eni discovers 2 trillion cubic feet of gas offshore Egypt

On 2026-04-07, Eni announced a gas and condensate discovery offshore Egypt after drilling the Denise W-1 exploration well in the Temsah Concession in the Eastern Mediterranean. Preliminary estimates put the find at about 2 trillion cubic feet of gas initially in place and 130 million barrels of associated condensates. The company said the discovery could support Egypt's goal of boosting gas reserves and production.