almal > RightWingAd
almal > LeftWingAd

DEA wins new onshore exploration block in Egypt’s Nile Delta

Wednesday 13 February 2019 01:41 PM

Minister of Petroleum Tarek El Molla
Minister of Petroleum Tarek El Molla


Al-Mal:
German oil and gas company DEA has bagged a new exploration block in the onshore Nile Delta in Egypt near its producing Disouq development project.
The onshore Block 10, now called East Damanhour, was awarded to DEA by the Egyptian Natural Gas Holding Company (EGAS) during the country’s 2018 Bid Round.

The East Damanhour exploration block, which spans 1,418km2, is located west of the Disouq development leases. The German oil and gas company is the operator of the Disouq leases with a license share of 100%.

The company revealed its intentions to drill five to seven exploration wells in the East Damanhour block during the first exploration phase of three years.

DEA Egypt general manager Sameh Sabry said: “We are pleased with the award of this licence, which is in line with our ambition to strengthen our business in Egypt.

“The block is located in DEA’s core region in the Onshore Nile Delta, where we successfully explore the Messinian and Pliocene plays as operator since 2004. The extensive knowledge and experience we gained over the years, the right set of skilled experts and our nearby infrastructure will offer us very good conditions to continue this exploration efficiently.”




فيسبوك
تويتر
يوتيوب