A press release to Egypt Oil&Gas stated that Minister of Petroleum, Tarek El Molla, received BP’s CEO, Bernard Looney, during his visit to Egypt.
The Ministry of Petroleum announced that El Molla and Looney reviewed the status of West Delta development project. The West Delta project is executed to develop North Alexandria and West Mediterranean gas fields.
The West Delta project is implemented by the latest well drilling technologies used above water. It is executed through drilling and completing 21 wells in deep water reaching 1000 meters depth below water surface, as well as the rehabilitation of processing facilities which include constructing a 25 km pipeline to link Taurus and Libra fields to the Burullus fields’ pipeline. The pipeline will help in processing the production of the two fields using the Burullus facilities. This production is planned to add around 600mcf/d of gas and 2200b/d of condensates to the grid by the end of March 2017.
Additionally, the rehabilitation of Rosetta’s gas processing facilities which are meant to process production from Giza and Fayoum fields which are planned to start production in the 4th quarter of 2018 to produce 400mcf/d of gas. Egypt will also build new onshore station to process gas from Raven field which is intended to start production on the 1st quarter of 2019 with production capacity 350mcf/d of gas.
El Molla pointed out that the total investment of West Delta project is $11.3b and that the project aims at increasing gas reserves estimated at 5tcf and condensates standing at 55mb. The project will contribute in increasing Egypt’s gas production, enabling the to achieve self-sufficiency within two years.