KUFPEC announces start of gas production from West Mina offshore field in Egypt

Kuwait – Kuwait Oil Exploration Company (KOOPEC) announced that its subsidiary, KOOPEC Egypt Ltd., has begun producing gas from the West Mina offshore field in Egypt, just three years after its discovery. The project is expected to supply approximately 160 million standard cubic feet of gas per day. In a statement to the Kuwait News Agency (KUNA) on Sunday, KOOPEC said it holds a 40% working interest in the concession, while Shell, the operator, holds the remaining 60%. It emphasized that, thanks to close cooperation with the Ministry of Petroleum and Mineral Resources, the Egyptian Natural Gas Holding Company, KOOPEC Egypt, and Shell Egypt, “partners have been able to accelerate the pace of project completion 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.” KOOPEC CEO Issa Al-Maraghi said in the statement that “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 KOOPEC’s commitment to creating sustainable value across its global assets, enhancing performance through the rapid and successful implementation of strategic plans. The Kuwait Oil Exploration Company is one of the subsidiaries of the Kuwait Petroleum Corporation and conducts oil and natural gas exploration and production operations outside Kuwait. (End) K.M. / T.M.