BP makes third gas discovery in Egypt's North Damietta ConcessionStaff Writer | March 27, 2017
BP has made a gas discovery in the North Damietta Offshore Concession in Egypt's East Nile Delta, its third in the block.
Oil exploration The Qattameya Shallow-1
"This latest discovery confirms our belief that the Nile Delta is a world-class basin," BP CEO Bob Dudley said in a statement.
The well is 60 kilometres (37 miles) north of Damietta city in northern Egypt. BP has 100 percent equity in the discovery. BP produces around 40 percent of Egypt's total gas. ■