EGPC, EGAS, BP Sign Agreements over Atoll Gas Production

EGPC, EGAS, BP Sign Agreements over Atoll Gas Production

The Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and British company BP signed agreements to facilitate gas production from the Atoll field, Tarek El Molla, Minister of Petroleum and Mineral Resources, said, according to a press release received by Egypt Oil & Gas.

These agreements conclude the construction, transportation, and processing of gas produced from the well which belongs to the Pharaonic Petroleum Company.

El Molla also reviewed the development plan and the early production programs of the Atoll well in the North Damietta Offshore Concession in the East Nile Delta, which was discovered in March 2015 and is considered one of the important recent gas discoveries.

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