Project Profile
Location: Gulf of Suez, Egypt
Area: 350 km2
Start-up year: 2Q 2013
Kuwait Energy is the operator of Area A and holds a 70% working interest. Omani independent Petrogas E&P holds the remaining 30% interest.
Egyptian operations contribute the largest share to Kuwait Energy\'s working interest production, comprising 17,700 barrels of oil equivalent by the end of 2011. Kuwait Energy is the operator of three blocks in Egypt, namely the Area A, Burg El Arab development lease and the Abu Sennan concession. It also has interests in two other non-operated blocks: Mesaha concession and East Ras Qattara development lease.
Operators:
Kuwait Energy Plc: Operator with 70% interest
Petrogas E&P: 30% interest