Report summaryThe Geisum North, Geisum South and West Tawila fields are located in shallow water in the southwest of the Gulf of Suez. The fields were originally developed by a consortium which included Conoco, Texaco and Norsk Hydro. Production began in 1985, though in 1988 the foreign partners relinquished their interests, leaving EGPC as the sole licensee. Production peaked in 1996 at over 20,000 b/d but had fallen to around 6,000 b/d by 2007. EGPC then tendered the Geisum and West Tawila fields, which after much competition, were awarded to a consortium of Pico and KUFPEC.
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