Report summaryThe East Gemsa licence was awarded to Shell in 1989, with the Gemsa South East field discovered in the same year. The field lies in the shallow waters of the Gulf of Suez, just seven kilometres from the Gemsa field, the first oil field discovered in Egypt, in 1869. Gemsa South East began production in 1991. Pico assumed ownership of the licence in 1995 and has since implemented water flooding and artificial lift techniques to maximise recovery. The field is produced via a single platform linked to an onshore processing plant, with 7,000 barrels per day capacity.
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