bp has been awarded new exploration blocks in Egypt’s Offshore Nile Delta ...Egypt

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bp has been awarded new exploration blocks in Egypt’s Offshore Nile Delta
British Petroleum (bp) announced on Monday that it has been awarded two exploration blocks in the Mediterranean Sea, offshore Egypt by the Egyptian Natural Gas Holding Company. The Northwest Abu Qir Offshore Area – in which bp, the operator, holds 82.75% and Wintershall-Dea holds 17.25% – is located west of the recently awarded North King Mariout block (bp 100%) and north of the Raven field.   It covers an area of approximately 1038 square kilometres with water depths ranging between 600 metres and 1600 metres.     The Bellatrix-Seti East block – in which bp and Eni, the operator, each hold a 50% share – is located west of the Atoll field and North Tabya blocks. It covers an area of approxim

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