BP Egypt makes gas discovery in Nile Delta

DNE
DNE
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CAIRO: BP Egypt, an oil and gas exploration and production firm, announced Monday the Salmon gas discovery in the North El Burg Offshore Concession in the Nile Delta, according to a statement.

Salmon is the third gas discovery BP has made in the concession following Satis-1 and Satis-3 Oligocene deep gas discoveries, the firm said.

Salmon, drilled by IEOC, the affiliate of ENI in Egypt, on behalf of concession operator BP, is located 50 kilometers to the north of Damietta.

Hesham Mekawi, president and general manager of BP Egypt, said, "The success of Salmon highlights the great potential of the shallow reservoirs within the Nile Delta, and helps unlock additional resources in surrounding acreage.

“It demonstrates the ongoing cooperation with the Ministry of Petroleum to deliver new gas discoveries and incremental supply to meet the future growth of the gas business in Egypt."

BP operates and has a 50 percent interest in the North El Burg Offshore Concession while IEOC has 50 percent.

BP has interests in 11 concessions in the Nile Delta, of which it operates six.

 

 

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