Wednesday, August 6, 2008

Mining News-BP Starts Production From Saqqara

Release date: 22 May 2008
BP Egypt, on behalf of its joint venture partners in the Gulf of Suez Petroleum Company (GUPCO), announced today that oil production from the Saqqara field has started
The Saqqara field is located 12.5 kilometres offshore in the central Gulf of Suez. First oil was achieved on 15th May and following commissioning, the field has now ramped up to more than 30,000 barrels a day. Gas production is expected shortly.

Andy Inglis, BP’s Chief Executive of Exploration & Production, said: “Saqqara is another major project delivered successfully. It will contribute to BP’s production profile for the next decade and beyond. Egypt is an important growth area with further potential.”

Hesham Mekawi, President of BP Egypt added: “Saqqara is a technically complex development and its successful delivery represents a new milestone in maximising recovery of oil and gas from the Gulf of Suez. First oil was achieved through hard work and dedication of the Project, Contractor and Operations teams that worked on Saqqara over the last 4 years.”

The Saqqara project is an offshore development with a jacket and unmanned topsides, four wells, and a 13 kilometre pipeline to new dedicated onshore separation and gas processing plant at Ras Shukeir, Gulf of Suez.
Note to editors:
The Saqqara project is executed and operated by Gulf of Suez Petroleum Company (GUPCO), a joint venture between Egyptian General Petroleum Corporation (EGPC) and BP. The main contractors are KBR/ENNPI for the design, Petrojet for the onshore construction and the offshore fabrication work and PMS for the offshore installation.
BP has been operating in Egypt for over 40 years, primarily in oil and gas exploration and production. During that period, BP Egypt has produced almost 40 per cent of Egypt’s entire oil production and close to 30 per cent of gas demand together with partners.
Further information:
Name: Robert Wine
Office: BP press office
Location: London
Phone : +44 (0)20 7496 4076
Name: Mohamed Emara
Location: BP Egypt
Phone : + (202) 2706-2259
Email: mohamed.emara@bp.com

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