EGYPT

BP Stakes Out Key Role In Egypt’s Gas Renaissance – If The Price Is Right

BP has over the past week held out the prospect of developing up to 17tcf of gas reserves offshore Egypt.

BP followed up the long-delayed sanction of the 1.2bn cfd, $12bn West Nile Delta (WND) project by this week touting the potential of developing a further 5 tcf-plus of gas reserves in deep strata further east on the North Damietta concession.

The initial WND plans involve developing 5 tcf of...