Kuwait Energy and its partner in Egypt, the Egyptian General Petroleum Corporation, have begun production of oil and gas condensate in four wells within the Abu Sennan concession
Commercial production commenced with a total production flow rate of 2,200 boepd across the four wells.
Oil and gas exploration and production company Kuwait Energy is the operator of the concession and holds a 50 per cent working interest. The remaining working interests are held by Beach Petroleum (
Sara Akbar, chief executive officer of Kuwait Energy, said, “This is a great milestone for Kuwait Energy in Egypt as it represents first production from the Abu Sennan concession and is a result of the four discoveries achieved over the last year.
“The Abu Sennan concession has yielded discoveries resulting in three development leases being granted within the concession yielding finds to date, and we look forward to starting our development activities for these leases.”