Egypt Unveils New Natural Gas Discovery in the Nile Delta, Targeting Early Production ...Egypt

  Egypt’s Ministry of Petroleum and Mineral Resources announced on Saturday 2 May a new natural gas discovery in the Nile Delta, with production rates estimated at around 50 million cubic feet per day.  The discovery followed the successful drilling of the exploratory well, Nidoco N-2, in an offshore concession, according to a statement released on Saturday. The well was drilled in the West Abu Madi development area in Kafr El-Sheikh governorate, approximately 3 kilometers offshore, in shallow waters at a depth of about 10 meters.  The ministry said the drilling was carried out using the EDC 56 rig (electric-driven rig designed for drilling oil, gas, or water wells), and that the operation was executed from land using advanced directional drilling techniques.  The use of such modern methods, the ministry added, helped reduce costs and improve overall operational efficiency. Petroleum Minister Karim Badawi added the discovery is expected to support production growth alongside increases from existing fields.  He also linked the broader momentum in exploration and drilling activity to the timely payment of due amounts to foreign partners, noting that improved settlement of partner obligations encourages companies to intensify explorationContinue reading "Egypt Unveils New Natural Gas Discovery in the Nile Delta, Targeting Early Production"

Egypt Unveils New Natural Gas Discovery in the Nile Delta, Targeting Early Production first appeared on Egyptian Streets.

Hence then, the article about egypt unveils new natural gas discovery in the nile delta targeting early production was published today ( Sunday 03/05/2026 - 03:01 PM ) and is available on Egyptian Streets ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt Unveils New Natural Gas Discovery in the Nile Delta, Targeting Early Production )

Also on site :

• Cherie DeVaux se convierte en la primera entrenadora en ganar el Derby de Kentucky con la histórica victoria de Golden Tempo
• Greece rejects Ukraine’s terms for naval drone deal – media
• Iran submits new peace terms, says ‘ball in US court’