News

A new EastMed development unlocked, as Shell and KUFPEC invest in Mina West gas development in Egyptian Mediterranean Sea

Shell announced a final investment decision (FID) to develop the Mina West gas discovery in Egypt’s Mediterranean Sea.
Shell (60%) will operate the field alongside partner, KUFPEC (Egypt) Limited (40%), working in close collaboration with the (Egyptian Natural Gas Holding Company (EGAS).

Discovered in October 2023, the Mina West gas field will be developed as a subsea tie-back to the existing infrastructure of West_Delta_Deep_Marine (WDDM), following an infrastructure-led develpopment approach, supporting the delivery of reliable energy to Egypt’s domestic gas market.

Ms. Dalia ElGabry , Vice President and Country Chair of Shell Energy Egypt, said: “Investing in new production at Mina West expands our industry-leading integrated gas business and supports delivery of secure, reliable energy to Egypt’s domestic market in line with our strategy to create more value with less emissions.”

To continue reading the original article please click here