Corporation discovers fresh gas in Egypt

The well is 60 kilometres north of Damietta city in northern Egypt.

A British Petroleum (BP) logo is seen at a petrol station near the Burj Khalifa in Dubai August 29, 2012. REUTERS/Jumana ElHeloueh

The BP Chief Executive, Bob Dudley, said in a statement late on Sunday that the latest discovery made it the third in the block.

Dudly reiterated that the discovery confirmed the firm’s belief that “the Nile Delta is a world-class basin.”

BP has 100 per cent equity in the discovery. It produces around 40 per cent of Egypt’s total gas.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Lawyer Paul Gicheru found dead

Lawyer Paul Gicheru found dead

Biography: Peter Kelerwa Salasya

Biography: Peter Kelerwa Salasya

Supreme Court highlights dysfunction in IEBC, makes 7 key recommendations

Supreme Court highlights dysfunction in IEBC, makes 7 key recommendations

Ruto: This is one of the last times we are having this ceremony

Ruto: This is one of the last times we are having this ceremony

Police lob teargas at MPs protesting outside IEBC offices [Video]

Police lob teargas at MPs protesting outside IEBC offices [Video]

Ruto's directive on SGR takes effect

Ruto's directive on SGR takes effect

6-storey building collapses, many feared trapped

6-storey building collapses, many feared trapped

2 powerful aides that will make or break Ruto's legacy

2 powerful aides that will make or break Ruto's legacy

Ruto orders crackdown on Pokot bandits

Ruto orders crackdown on Pokot bandits