BP Secures Rights to Offshore Block in Egypt

OE Staff
Wednesday, June 29, 2022

British oil major BP has won the rights to an exploration block in the Mediterranean Sea, offshore Egypt.

Accoridng to a press statement sent to Offshore Engineer by BP, the company won the rights to the The King Mariout Offshore area, located some
20 kilometres west of the Raven field in the Mediterranean Sea.

The block was awarded to BP through the limited bid round organised by the Egyptian Natural Gas Holding Company in 2021.

The The King Mariout Offshore area covers an area of approximately 2,600 square kilometres with water depths ranging between 500 meters and 2100 meters. 

It is located within the West Nile Delta area, which, the company says, offers the potential for material gas discoveries that could be developed using existing infrastructure.Credit: BP

Categories: Energy Industry News Activity Africa Mediterranean Sea

Related Stories

US Judge Proposes CITGO Auction Solution

BP, Equinor, Shell and TotalEnergies Pledge $500M to Boost Energy Access

TGS Nets First 3D Streamer Job for 2025 Summer Season

Current News

Danos Leaders Recognized in “40 Under 40” Lists

ExxonMobil to Drill for Gas Off Cyprus in January

Mocean Energy Raising Funds to Advance Wave Energy Tech

Seadrill’s Drillships Getting Ready to Start Work Off Brazil

Subscribe for OE Digital E‑News