The first of Shell Egypt’s three well exploration campaigns, Mina West, which is situated in the North East El-Amriya block in the Mediterranean Sea, was successfully completed yesterday, the company announced.
In a statement, Shell disclosed that primary data verified the existence of a gas-bearing reservoir and that drilling operations were conducted in the offshore Nile Delta at a depth of about 250 meters below sea level.
To ascertain the extent and potential for recovery of the discovery, additional analysis of the collected data is necessary.
According to the statement, Shell has hired Stena Drilling for the Mobile Offshore Drilling Unit (MODU) Stena Forth rig to conduct the drilling campaign.
“This discovery is an important step forward for Shell Egypt bolstering our growth aspirations and ongoing commitment as a key partner in Egypt’s energy landscape,” stated Khaled Kacem, Vice President and Country Chair of Shell Egypt. A key component of Shell Egypt’s growth strategy is the effective completion of our ongoing exploration campaign. Shell and its partners will keep working to get the block to the development phase safely and effectively.
Shell and Kuwait Foreign Petroleum Exploration Company (KUFPEC) signed a Farm-Out Agreement (FOA) in September 2023. Under the terms of the agreement, KUFPEC obtained a 40% stake in the North East El-Amriya block, while Shell retained the remaining 60% share in the partner’s share with the Egyptian Natural Gas Holding Company (EGAS).
