Tharwa Petroleum Company announced the discovery of natural gas from Al-Theka area, in the Mediterranean Sea, with an estimated daily production of 95 million cubic feet.
Eng. Atef Abdel Sadek, President of Tharwa Co., highlighted in his report to the Egyptian Minister of Petroleum Eng. Sameh Fahmy, that this discovery can be added to the Egyptian map of natural gas production and used to satisfy the local demand.
The development operations of Al-Theka area started in 2007 in partnership with the Italian IEOC. Throughout 20 months, two marine platforms and 50-km pipelines were constructed in association with Egyptian petroleum companies, such as Enppi, Petrojet, Petrobel and Marine Petroleum Services.
Moreover, Abdel Sadek clarified that the company finalized a 1300-km square of 3D seismic studies in the area of Al-Arish, the Mediterranean Sea in order to start the drilling phase of the 1st exploratory well before the end of this year.