Shell, partners to develop phase 10 in Egypt’s WDDM concession

Shell, partners to develop phase 10 in Egypt’s WDDM concession

Cairo: Shell Egypt (BG Delta Limited) a subsidiary of Shell plc., and its partners; the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC) and Petronas signed an agreement to commence development of the tenth phase (phase 10) in Egypt’s Nile Delta offshore West Delta Deep Marine (WDDM) concession in the Mediterranean Sea. Subject to regulatory approvals, drilling activities are expected to commence in late 2023 when the rig arrives at the location. The phase 10 development programme includes the drilling of three wells. The Burullus Gas Company joint venture is the operator of the WDDM concession and the development phase 10. Commenting on the agreement, H.E. Minister of Petroleum and Mineral Resources Eng. Tarek El-Molla said: “This is a significant step towards unlocking further hydrocarbon potential in Egypt’s rich Nile Delta region. We are pleased to strengthen our longstanding partnership with Shell, which plays a crucial role in developing Egypt’s energy resources and supporting the country’s ambition to become a regional energy hub.” Eng. Khaled Kacem, Shell’s Vice President & Country Chair for Egypt, said: “Today’s announcement marks yet another significant step toward promoting the country’s energy roadmap. Investing in phase 10 is a first step