Kufpec Announces Start of Gas Production from West Mina Field in Egypt
Press coverage 1 newspapers covered this event: KUNA →
Gas production has begun from the West Mina offshore field in Egypt.
Translated by Alqyas from Al-Jarida — Original source
Kuwait Oil Exploration Company Outside Kuwait (KUFPEC) announced that its subsidiary, KUFPEC Egypt Limited, has begun producing gas from the West Mina offshore field in Egypt, just three years after its discovery, with the project expected to yield approximately 160 million standard cubic feet of gas per day.
In a statement, KUFPEC said it holds a working interest of 40 percent in the concession, while operator Shell holds the remaining 60 percent.
The company emphasized that, thanks to close cooperation with the Ministry of Petroleum and Mineral Resources, the Egyptian Natural Gas Holding Company (EGAS), KUFPEC Egypt, and Shell Egypt, partners were able to accelerate project execution and achieve a notable success that enhances local gas supplies in Egypt, supports energy security, stimulates future investments, and creates added value from offshore gas resources.
In the statement, KUFPEC CEO Issa Al-Maraghi said, “This achievement represents an important step toward realizing the company’s strategic objectives by strengthening its international portfolio, ensuring production sustainability, and supporting long-term growth, thereby contributing to maximizing the company’s financial returns.”
Al-Maraghi affirmed that this success reflects KUFPEC’s commitment to creating sustainable value across its global assets, enhancing performance through the rapid and successful implementation of strategic plans.
