Egypt
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The Sidri 36 appraisal well confirmed the downdip westward extension of the Sidri 23 discovery announced last July by the Italian major.
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Conventional oil and gas discovered resources in 2019 are on pace to rise 30% from last year and reach their highest level since the beginning of the industry downturn. Here, a recap of the first quarter's 15 biggest oil and gas discoveries, which altogether are propelling the increase.
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Current production from the phase is 400 MMcf/D and expected to peak at 700 MMcf/D. A third phase also is slated to come on stream this year.
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The benchmark comes as operator Eni solidifies concession agreements and ramps up exploration and development in the North African country.
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The Apollonia tight-gas chalk play is located in the Abu Gharadig Basin in the Western Desert of Egypt. This has long been ignored as a gas play in the overburden, while the Jurassic and Cretaceous oil fields deeper in the basin have been explored and developed.
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More gas is flowing from Egyptian waters and the Eastern Mediterranean with BP’s launch of its Atoll Phase One project.
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Partnerships are proving key in developing and sustaining big offshore projects internationally, with Eni now teaming with ADNOC off Abu Dhabi and farming out another stake in the Zohr gas field off Egypt.
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Touted as the Mediterranean Sea’s largest-ever gas discovery, the “supergiant” Zohr field is expected to cover much of Egypt’s gas demand in the coming decades.
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The SPE North Africa Technical Conference and Exhibition held in Cairo in September highlighted the upstream sector with a focus on Egypt and the opportunities offered in the region, despite its economic hardships and geopolitical risks.
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Precise manipulation and control of matter at dimensions of 1–100 nm have transformed many industries including the oil and gas industry.