Block 2
The North Tineh block is located about 60 kilometers north of Port Said City and covers an area of approximately 2400 square kilometers in water reaching a depth of 1000 meters. BP is committed to drilling three exploration wells over two phases totaling six years. BP will operate North Tineh block with 100 per cent working interest.
Block 3
BP will operate North Damietta Offshore block with Shell and Petronas with one third working interest each.
Hesham Mekawi, President of BP Egypt, commented, Over more than 45 years of working in the country, Egypt continues to grow in importance for BP. Our expertise and latest technologies will be deployed for mutual benefit in these new blocks. BP is very pleased to have been awarded these two blocks, which transform BP’s gas exploration opportunities in the Nile Delta and increase BP’s options for further significant growth. The new partnership that has been created also brings together companies with great technical capabilities to meet the challenges of exploring for high pressure gas resources in the deep water Nile Delta.
