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BP Makes Third Gas Discovery In Egypt’s North Damietta Concession
(Reuters) — BP plc has made a gas discovery in the North Damietta Offshore Concession in Egypt's East Nile Delta, its third in the block, it said on Sunday.
The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 metres in water depth of around 108 metres, the company said.
The well is 60 kilometres north of Damietta city in northern Egypt. BP has 100 per cent equity in the discovery.
BP produces around 40 per cent of Egypt's total gas.