Deal Insight

DEA farms out part of West Nile Delta to BP

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29 May 2015

DEA farms out part of West Nile Delta to BP

Report summary

On 18 May 2015, DEA Deutsche Erdoel AG (owned by LetterOne) announced it was farming out half of its stake in the West Nile Delta (WND) project to BP. The project spans both the North Alexandria and West Mediterranean Deepwater licences, in which DEA is partnered with BP. DEA will reduce its share to 17.25% in both concessions and BP will hold 82.75%.

Table of contents

Tables and charts

This report includes 9 images and tables including:

  • Executive summary: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Upstream assets: Table 1
  • DEA Capex 2015 - 2020
  • DEA Production 2015 - 2030
  • BP's Egyptian Production 2015 - 2025

What's included

This report contains:

  • Document

    DEA farms out part of West Nile Delta to BP

    PDF 306.74 KB