Kufpec: Gas production begins from Egypt's West Mina offshore field
Press coverage 1 newspapers covered this event: KUNA →
Gas production begins from Egypt's West Mina offshore field
Translated by Alqyas from Al-Rai — Original source
- Just three years after its discovery... expected to supply approximately 160 million cubic feet of gas per day
- Al-Maraghi: This success reflects KOC’s commitment to creating sustainable value through its global assets
Kuwait Oil Company (KOC) announced that its subsidiary, KOC Egypt Limited, has begun producing gas from the West Mina offshore field in Egypt, just three years after its discovery. The project is expected to deliver approximately 160 million standard cubic feet of gas per day.
In a statement today, KOC said it holds a working interest of 40 percent in this 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), KOC 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 generates added value from offshore gas resources.
KOC CEO Issa Al-Maraghi stated in the announcement 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.”
He affirmed that this success reflects KOC’s commitment to creating sustainable value across its global assets, while enhancing performance through the rapid and successful implementation of strategic plans.
