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GreeceBusinessEnergean delivers first gas from NEA/NI offshore Egypt

Energean delivers first gas from NEA/NI offshore Egypt

Hellenic News of America
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Energean plc on Thursday confirmed that first gas has been safely delivered at North El Amriya and North Idku (“NEA/NI”), offshore Egypt.

In an announcement, Energean said the gas is being produced from the NEA#6 well, while the remaining three wells are expected to be brought online over the course of 2023. The NEA/NI development, located in shallow water, offshore Egypt, contains an estimated 39 mmboed of 2P reserves (88% gas) with net working interest production expected to peak at 15-20 kboed (88% gas) in 2024.

The development leverages existing infrastructure and involves the subsea tieback of four wells to Energean’s North Abu Qir PIII platform.

Energean sanctioned the project in January 2021, representing a development period from final investment decision to first gas of 2 years and 2 months.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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