SCZONE showcases investment opportunities to eight Japanese companies    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Egypt welcomes international efforts for peace in Ukraine    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Indian tourist arrivals to Egypt jump 18.8% in H1-2025: ministry data    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Nile Delta natural gas well starts production
Published in Daily News Egypt on 03 - 05 - 2014

Germany's oil and gas exploration and production firm RWE Dea Egypt has launched production at a fourth natural gas North West Khilala well (NWK1-4), located in the Nile Delta region, the Ministry of Petroleum said Friday.
"We are pleased that the NWK field has now reached its production target of 60 million standard cubic feet of gas per day, in line with our initial expectations," General Manager of RWE Dea Egypt Maximilian Fellner said in the statement.
Drilling of the well, which is part of the larger NWK field, was successfully concluded in March, the company said, and it is set to produce about 450,000 standard cubic metres of gas per day.
Through the new well, RWE Dea Egypt has reached its production target from the Disouq natural gas project in northern Egypt, the statement from the ministry added.
The Disouq natural gas project, which is operated by the German firm, had planned to include the development of seven gas fields. Currently, there are already three other wells on stream in the Nile Delta.
In the first phase of the project, the expected production is approximately 430bn standard cubic feet of gas from the seven gas fields, along with the Egyptian Natural Gas Holding Company (EGAS) and the Suez Oil Company (SUCO).
RWE Dea Egypt has been operating successfully in Egypt since 1974. The company has a total of 10 onshore and offshore concessions in Egypt, over an area of about 3,700 square kilometres.
Egypt's natural gas production in December 2013 slumped by 11.86%, recording 3,353 tonnes, the Information and Decision Support Centre (IDSC) said in a recent report.
About 24.1% of total investments in Egypt were directed towards the oil and gas sector in fiscal year 2012/2013, according to the Ministry of Planning.
In an effort to increase the country's oil and gas production, Minister of Petroleum Sherif Ismail signed in March three separate $717m agreements with British and Canadian firms for oil and natural gas exploration in the Mediterranean and Nile Delta regions.


Clic here to read the story from its source.