ENERGEAN FLOWS FIRST GAS AT NORTH EL AMRIYA AND NORTH IDKU OFFSHORE EGYPT

March 11, 2023

Energean confirmed that first gas has been safely delivered at North El Amriya and North Idku (NEA/NI), offshore Egypt. Gas is being produced from the NEA#6 well and the remaining three wells are expected to be brought online over the course of 2023.
The NEA/NI development, located in shallow water, offshore Egypt, contains an estimated 39 mmboe of 2P reserves (88% gas) with net working interest production expected to peak at 15 – 20 kboed (88% gas) in 2024. The development leverages existing infrastructure and involves the subsea tieback of four wells to Energean’s North Abu Qir PIII platform. Energean sanctioned the project in January 2021, representing a development period from final investment decision to first gas of 2 years and 2 months.
(Source: Energean)