Egypt

Shell Egypt to Drill 11 New Wells in the Mediterranean

Published on : 2024-08-22

Eng. Karim Badawy, the Egyptian Minister of Petroleum and Mineral Resources, held an extensive video conference with Ms. Dalia El Gabry, Chairperson of Shell Egypt, alongside key officials from the Ministry, the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and Shell. The meeting featured a detailed presentation on Shell’s concession areas in the Mediterranean, outlining both ongoing and future plans to drill 11 new wells aimed at boosting natural gas production. The presentation also highlighted Shell’s strategies for developing newly discovered gas reserves, conducting exploratory operations for further discoveries, and its initiatives in oil marketing, carbon reduction, and community development, including the Egyptian LNG project.

Ms. El Gabry reaffirmed Shell’s strong commitment to collaboration with the EGPC and EGAS, emphasizing the company’s dedication to expanding its operations in Egypt. She underscored the importance of Shell’s 110-year partnership with Egypt, built on a foundation of mutual support and continuous development.

During the presentation, Minister Badawy discussed the progress achieved in Shell’s key concession areas, such as the West Delta Deep Marine (WDDM) with its 10th and 11th phases for natural gas production, and the North East Amreya area in the Mediterranean, which focuses on developing the new West Mena discovery and bringing it into production. The discussion also covered the Harmattan Deep Field project, where Shell collaborates with BP as the main operator. Minister Badawy assured full support from the Ministry to address any challenges that may arise, praising Shell’s consistent efforts to reinforce its partnership with Egypt.

The Minister also lauded Shell’s active involvement in corporate social responsibility programs, local community development, and its strict adherence to safety, occupational health, and environmental protection standards. He stressed that the new Egyptian government is firmly committed to overcoming any obstacles that could impede progress or production increases. A specific action plan to address these challenges will be announced soon. The Minister concluded by emphasizing the importance of collaborative efforts to advance national interests and ensure the continued success of the petroleum sector and the broader economy.

The meeting included key attendees: Dr. Alaa El-Batal, CEO of EGPC, Dr. Samir Raslan, Undersecretary for Agreements and Exploration, Eng. Ahmed Mostafa, Undersecretary for Production, Eng. Alaa Hagar, Undersecretary for the Technical Office, and Eng. Yas Mohamed, Chairman of EGAS.


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