Report summaryThe North Shadwan block is located in shallow waters in the Gulf of Suez. BP was awarded the block in the 2003 EGPC Bid Round. North Shadwan was previously explored by a number of operators in the 1980s and 1990s. Four oil discoveries were made prior to the block award, but the finds were not developed due to low oil prices at that time.BP initially appraised the NS377 discovery in 2007 and made the fifth oil discovery on the block - Burtocal - later that year.
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