Egypt’s Oil Sector Evaluated Environmental, Social Impact of Nidoco

Egypt’s Oil Sector Evaluated Environmental, Social Impact of Nidoco

Egypt’s oil sector representatives evaluated the environmental and social impact of the development project Nidoco, in the Nooros field in the Nile Delta, west of Abo Madi area. This came in light of the sector’s commitment to consider the environmental dimension of its activities, especially when establishing new projects, Egypt Oil&Gas reported citing an Oil Ministry’s press release. The goal of the meeting was to review the technical requirements and methods to apply the international safety and security standards in the project.

The meeting was held in the presence of El Sayed Nasr, Governor of Kafr El Sheikh, Hassan Foad, Vice Chairman of Petrobel for Operations, several MPs representing the governorate, Chancellors of the two Kafr El Sheikh universities, and the mayors of the nearby villages.

Petrobel’s Vice Chairman stated that the discovery well Nidoco, Northwest-2 was ready for production in August 2015 with a production rate of roughly 90mcf/d.

Currently, production increased to the level of over 300mcf/d of gas and 3,000 barrels of condensates, after the company drilled four development wells and prepared them for production. The VC added that production is planned to reach approximately 700mcf/d by the end of September 2016. This will follow the drilling of wells ,which will be distributed in different land and marine development areas.

In addition, pipelines will be extended to transport gas from the different production areas, and other measures will be taken in order to maximize the exploitation and treatment facilities in the area. Additional volumes of gas will be treated in rented installations. The aim is to speed up the discovery development operations and ready them for production in order to meet the growing needs of natural gas in the local markets.


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