Egypt Growing by the Nile
Wintershall Dea has huge goals in Egypt. An important component is the West Nile Delta project – one of the largest in the company’s history.
Wintershall Dea has already been active in Egypt for more than 40 years and now has a stake in six onshore and offshore concessions. Several oil fields in the Gulf of Suez have been developed – and production from them is now being stepped up again. The same goes for gas production in the Onshore Nile Delta, where Wintershall Dea has been awarded a new exploration licence early 2019. In both areas, the company is the operator. It is also a partner in the major West Nile Delta (WND) project. The company aims to double its own output within a few years by means of targeted investments and technical improvements.
Wintershall Dea has been producing crude oil successfully in the Gulf of Suez for over 30 years. The concession for the Ras Budran and Zeit Bay fields was recently renewed. The onshore concession Disouq in the Nile Delta, where production started in 2013, includes seven gas fields and is now being optimized by means of a comprehensive redevelopment program. The company is also involved in one of the country’s most important energy projects, the offshore project WND in the Mediterranean. Gas production started from two out of the five WND fields in 2017. First gas from two additional fields has been produced early 2019.
The fields in the WND project are located 65 to 85 kilometres off the coast of Alexandria and were discovered between 2000 and 2010. Production could start earlier than planned thanks to efficient use of the existing offshore infrastructure. Currently, four fields are onstream: Taurus, Libra, Giza and Fayoum; Raven is planned to follow during 2019. The WND project is one of the largest in the company’s history. However, it is also important for the country, since the aim is for it to account for around 20 per cent of Egypt’s current gas production.