West Mediterranean Block 1 is located offshore, in the West Nile Delta, in water depths of over 100 metres. The concession was originally awarded as three packages: onshore, offshore (< 100 metres water depth) and offshore (> 100 metres water depth). Five gas discoveries, with up to 2.2 tcf of gas reserves, have been made in the deepwater area of the concession since 2002. In 2005, then operator Hess was awarded a development licence and signed a 25-year Gas Sales Agreement (GSA) ...
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Asset report | Feb 2015
West Mediterranean Block 1 Offshore
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