Cassiopea Gas Field

Summary Information

• Operator: ENI
• Country:
• Location:
• Production start:
• Partners: ENI 60% / Energean 40%
• Type: Oil / Gas
• Estimated Reserves:
• Production Volume:

Description

• The Cassiopea project (Eni 60% Operator, Energean 40%) is the biggest Italian gas field – in terms of reserves – currently under development in Italy. It is located in the Sicilian channel in water depths of up to 660 metres. Once onstream, expected by H1 2024, it will be one of the country’s main producing gas fields.
• Cassiopea will be developed via four subsea wells tied back to shore to Eni’s onshore gas treatment facility in Gela. Tie-in points have been included in the production system to allow a series of low risk exploration prospects (Gemini, Centauro, Vela, etc.) and other existing discoveries (Panda, Panda West) to be tied in and maintain production in the future.

Contractors

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History

• 2019 - Energean acquired a stake in the field from Edison

Links

1. Edison announces the signing of the agreement with Energean Oil and Gas to sell the 100% of Edison Exploration and Production (E&P) and its subsidiaries in the hydrocarbons exploration and production business. The signing follows the approval of the transaction by the Edison Board of Directors on July 3, 2019.