Royal Dutch Shell is renegotiating its agreement with the Egyptian government for its development of the Burullus field, a governmental source told Al Borsa.
The government and Shell have already agreed to changes for Phase 9B, the newspaper reports.
The company is renegotiating the share of natural gas it receives as compensation for its investments, the source indicated.
Shell aims to finish two Phase 9B test wells during the first quarter of 2018.
Production from Burullus has increased to 450 million cubic feet per day (mcf/d), the newspaper reports.
The field is operated by Rashid Petroleum (Rashpetco) (50%), Shell (25%), and Petronas (25%).