Middle East Economic Survey

VOL. XLVIII

No 24

13-June-2005

egypt

BP Egypt Upgrading Infrastructure To Counter Mature Field Output Declines

Despite heavy production decline rates in Egypts mature oil fields, BP Egypt continues to profess faith in the countrys oil industry. In an exclusive interview withMEES, BP Egypt Chairman Hesham Mekawi discusses BPs strategy to revitalize older fields and bring new prospects on-stream. Gary Lakes reports from Cairo.

The gradual decline in Egyptian oil production...