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bp starts gas production from Qattameya field

Release date:
26 October 2020
Qattameya foundation support structure (FSS) for the Subsea distribution unit (SDU) being lifted from the cargo barge and prepared for deployment

CAIRO – bp today announced the start of gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. 


Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is ‎expected to produce up to 50 million cubic feet of gas per day, has been developed ‎through a one-well subsea development and tie-back to existing infrastructure.‎

 

‎“We are proud to have brought this project safely onstream through an extremely ‎challenging period. Our team continues to work to help Egypt realise the potential of its ‎energy resources.”‎

Karim Alaa, regional president, North Africa, bp

 

Karim Alaa, bp’s North Africa regional president, said: “By building on bp’s significant ‎existing assets and infrastructure offshore Egypt, we were able to develop Qattameya ‎efficiently and economically. Creating value through high quality, efficient oil and gas ‎developments is a key part of bp’s strategy. We see this as a great example of resilient ‎hydrocarbons development.


‎“We are proud to have brought this project safely onstream through an extremely ‎challenging period. Our team continues to work to support Egypt realising the potential of ‎its energy resources, adding to our track-record of delivery and enabled by our established ‎partnerships with the Egyptian petroleum sector.”

Qattameya, whose discovery was announced in 2017, is located approximately 45 km west ‎of the Ha’py platform, in 108 metres of water. It is tied back to the Ha’py and Tuart field ‎development via a new 50km pipeline and is also connected to their existing subsea ‎utilities via a 50 kilometre umbilical.

 

‎bp holds 100% equity in the North Damietta offshore concession in the East Nile Delta. ‎Gas production from the field is directed to Egypt’s national grid.‎

Further information

 

Contacts

 

  • bp Egypt office: +202 2519 9915
  • bp press office, London: +44 (0)7787 685 821, bppress@bp.com

Cautionary statement

 

In order to utilize the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of ‎‎1995 (the 'PSLRA'), bp is providing the following cautionary statement. This press release contains certain ‎forward-looking statements – that is, statements related to future, not past events and circumstances – which ‎may relate to one or more of the financial condition, results of operations and businesses of bp and certain of ‎the plans and objectives of bp with respect to these items. These statements are generally, but not always, ‎identified by the use of words such as 'will', 'expects', 'is expected to', 'aims', 'should', 'may', 'objective', 'is ‎likely to', 'intends', 'believes', 'anticipates', 'plans', 'we see' or similar expressions. Actual results may differ ‎from those expressed in such statements, depending on a variety of factors including the risk factors set forth ‎in our most recent Annual Report and Form 20-F under "Risk factors" and in any of our more recent public ‎reports.‎


This document contains references to non-proved resources and production outlooks based on non-proved ‎resources that the SEC's rules prohibit us from including in our filings with the SEC. U.S. investors are urged ‎to consider closely the disclosures in our Form 20-F, SEC File No. 1-06262.‎


Our most recent Annual Report and Form 20-F and other period filings are available on our website at ‎www.bp.com, or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.‎