VOL. XLVI

No 48

1-December-2003

EGYPT

Shell Announces NEMED Deep-Water Discovery

Shell Egypt announced a hydrocarbon discovery on 24 November in the 41,500sq km Northeast Mediterranean Sea Deep Water (NEMED) concession where it is carrying out a three well exploration program (MEES, 16 September 2002). Shell, with partners Petronas Carigali and the Egyptian Natural Gas Holding Company (EGAS), said it had successfully drilled to a planned total depth of 3,613ms in the first well, Kg45-1. The well...