DEA boosts production from Egyptian oil fields

DEA Deutsche Erdoel AG has announced a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq gas fields in the Onshore Nile Delta.

The production is operated by the Suez Oil Company (SUCO), DEA’s joint venture with the Egyptian General Petroleum Corporation (EGPC). DEA and EGPC recently agreed on the concession extension of the fields, RasBudran and Zeit Bay. The onshore gas development project Disouq comprises seven gas fields and has been in production since 2013.

Production from the offshore WND gas fields commenced in March 2017 from the first two fields, Taurus and Libra. The three fields Giza, Fayoum and Raven are currently under construction. DEA has a 17.25% working interest in West Nile Delta, with BP being the operator and owner of the remaining share.

DEA Deutsche Erdoel AG is an international operator in the field of exploration and production of crude oil and natural gas based in Hamburg. Its focus is on safe, sustainable and environmental conscious exploitation of oil and gas.

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