Petroleum Africa
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Thursday, September 29, 2016
BP signed concession amendments for some of its acreage in Egypt. The amendments were signed between the company and the country’s Minister of Petroleum, Tarek El Molla, for the Temsah, Ras El Barr, and the Nile Delta concessions.
The amendments allow for the economic development of the Nooros development.
Hesham Mekawi, Regional President, BP North Africa commented: “BP is proud to progress the acceleration of its drilling activities in the three concession areas. The conclusion of these amendments was a critical milestone that allowed the discovery and fast track development of the Nooros field in the Nile Delta offshore concession which this month achieved record production of 700 Mmscf/d and is targeted to reach 880 Mmscf/d by early 2017.
“BP will also drill additional wells in Ras El Barr and Temsah areas that are expected to bring significant gas to the Egyptian domestic market.”
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