Thursday, March 16, 2017

BP to bring Fayoum, Giza concessions on stream ahead of schedule - ENTERPRISE / YOUM7 / OFFSHORE TECHNOLOGY


Thursday, 16 March 2017

BP is reportedly bringing the Fayoum and Giza natural gas fields (see North Alexandria Concession) into production ahead of schedule in November, Oil Ministry sources tell Youm7.

The fields were initially slated to come on stream in 1Q19. BP is expected to produce 400 mcf/d from the concessions.


West Nile Delta (WND) Project involves the development of gas and condensate fields located within the North Alexandria (N Alex) and West Mediterranean Deepwater concessions in the Mediterranean sea, approximately 65km to 85km off the coast of Alexandria, Egypt.

The gas and condensate fields are being developed in phases. The first phase involves the development of five major fields namely Taurus, Libra, Giza, Fayoum and Raven. The Maadi, Viper, Ruby, Polaris and Hodoa discoveries will be developed in later phases.
BP is the operator, holding 60% interest in the N Alex concession and 80% interest in the West Mediterranean Deepwater concession. RWE DEA is the partner in the project holding the remaining 40% interest in the N Alex concession and 20% interest in the West Mediterranean Deepwater concession.

SOURCE / SOURCE#2