BP Commences Oil Production at Saqqara Field
Posted on: Tuesday, 27 May 2008, 09:00 CDT
BP Egypt, on behalf of its joint venture partners in the Gulf of Suez Petroleum Company, has announced the beginning of oil production from the Saqqara field offshore Egypt.
The Saqqara field is located 12.5km offshore in the central Gulf of Suez. First oil was achieved on May 15, 2008, and following commissioning, the field has now ramped up to more than 30,000 barrels of oil per day. Gas production is expected in the near future.
The Saqqara project is an offshore development with a jacket and unmanned topsides, four wells, and a 13km pipeline to the newly dedicated onshore separation and gas processing plant at Ras Shukeir, Gulf of Suez.
Andy Inglis, BP's CEO of exploration and production, said: "Saqqara is another major project delivered successfully. It will contribute to BP's production profile for the next decade and beyond. Egypt is an important growth area with further potential."
Source: Datamonitor
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