Egypt

Wintershall Dea Committed to Egypt

Published on : 2019-10-26

In early 2018, Wintershall Dea announced the start of an extensive work program in all own-operated Egyptian assets. The company is currently investing more than 500 Million US-Dollars over three years (2018-2020), aiming to significantly boost its gas and oil production in the country.

“We look back on very active 18 months in Egypt”, says Mario Mehren, CEO of Wintershall Dea. "We have already realized a good part of the upside potential in our own-operated assets Disouq and in the Gulf of Suez. Furthermore, the West Nile Delta project is progressing towards completing the development of the five fields by end of this year.

These achievements are indicative of our lasting and sustainable commitment to Egypt", he adds. "We look forward to making further contributions to the development of the Egyptian energy sector, supporting the country on its way to become an energy hub for the region."

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