First Independent Mena Newspaper
Egypt’s energy concern could be about to be over following the discovery of a new natural gas field on the Nile Delta coast by Eni and British Petroleum (BP.) The regional BP president for North Africa, Hesham Mekawi, said the latest discovery located 12km away from the shoreline “is the third discovery along the Nooros […]
British Petroleum (BP) and Russian-owned DEA have agreed a partnership investment of $12 billion in Egyptian gas fields in the West Nile Delta with the hope of producing five trillion cubic feet of gas resources and 55 million barrels of condensates when the project is completed in 2017. The investment plan is being described as […]
British Petroleum has announced an investment of 11 billion euro for the development of landmark gas project in Egypt’s West Nile Delta (WND) sites expected to produce up to 1.2 billion cubic feet a day, equivalent to about 25 per cent of Egypt’s current gas production. According to BP, the WND output will significantly boost […]
Country Manager Hesham Mekawi of British Petroleum (BP) Egypt has stated that the company will invest more than $12 billion in the country before the end of 2020 to unlock the country’s oil and gas potential. He was speaking at an energy conference in Alexandria. Egypt has been undergoing gas shortages and the government was […]