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

BW Energy’s Planned Angola Entry Challenged by Pre-Emption Rights

Oil Companies Snap Up West African Blocks in Search for Next Big Thing

BOEM Advances Second OBBBA Offshore Lease Sales

Current News

Turkish Drill Ship Heads to Somalia for First Overseas Mission

AF Offshore Secures North Sea Decom Job

Island Offshore’s Hybrid OECV Hits Water at Vard Yard in Romania (Video)

Jumbo Offshore Wraps Up Errea Wittu FPSO Mooring Pre-Lay in Guyana

Subscribe for OE Digital E‑News