Eni and BP announce gas discovery in Egypt’s Great Nooros areaCreated: Friday, 18 September 2020 04:19Eni and BP have announced a gas discovery in the Great Nooros area, located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore EgyptEni is the operator of the block and BP is the contractor member. In the Abu Madi formations a new level, which was not yet encountered in the Nooros field, has been crossed proving the high potential of the Great Nooros Area and the further extension of the gas potential to the North of the field. The preliminary evaluation of the well results, considering the extension of the reservoir towards north and the dynamic behavior of the field, together with the recent discoveries performed in the area, indicates that the Great Nooros Area gas in place can be estimated in excess of four Tcf. Eni, through its subsidiary IEOC, holds a 75% stake in the license of Abu Madi West Development Lease, while bp holds the remaining 25% stake. The operator is Petrobel, an equal joint venture between IEOC and the state company Egyptian General Petroleum Corporation (EGPC).

Source: The North Africa Journal September 16, 2020 15:56 UTC