Nile delta

Cabinet Approves Five Oil Draft Agreements

The draft agreements authorize The Egyptian General Petroleum Corporation (EGPC) and several international companies to conduct E&P activities in the Gulf of Suez and the Nile Delta.

Cabinet Approves Two E&P Draft Bills 

The Cabinet approved two bills licensing the Minister of Petroleum and Mineral Resources to contract with other parties on exploration and production (E&P) activities.

Egypt’s Natural Gas Production Capacity Reaches 7.2 bcf/d 

Egypt's natural gas production capacity reached 7.2 billion cubic feet per day (bcf/d) as a result of the efforts to confront the natural decline of wells during the past five years, the CEO of the Egyptian Natural Gas Holding Co. (EGAS), Magdy Galal.

Natural Gas Delivery Reaches 458,000 Housing Units 

Natural gas was delivered to 458,000 housing units, concluding 40% of the total number of customers during the year all over Egypt, according to Wael Gowayed, Chairman of Egypt Gas Company.

Wintershall Dea Signs Concession Agreement for East Damanhour Exploration at EGYPS 2020

Wintershall Dea and Egyptian Minister of Petroleum H.E. Tarek El Molla have signed the concession agreement for the East Damanhour block.

Two New Wells in Baltim Begin Production with 190 mcf/d

The exploration wells, Baltim Southwest-1 and Baltim Southwest-2, in the Nile Delta region began production with a rate of about 190 million cubic feet per day (mcf/d) and about 1,300 barrels of condensate per day.

BP Targets 500 MMSCF/D in South Baltim Gas Project

BP is targeting to produce 500 million standard cubic feet per day (mmscf/d) of natural gas from its new discovery in the Baltim South Development Lease.

Dana Gas to Consider Selling $500 MM Egyptian Assets

Dana Gas is being consulted on whether to sell its $500 million offshore Merak-1 well in Egypt as no commercial discovery has been made there.

Petrobel Announces New Gas Discovery in Nile Delta

Belayim Petroleum Company (Petrobel) announced that it has achieved a new natural gas discovery in the Nile Delta concession area.

BP Projects 500% Production Increase from Nile Delta

BP expects to increase its net output from the Nile Delta region by 500% over the next three years.

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