North El Amriya and North Idku concession subsea tieback project, Egypt

2nd April 2021 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

North El Amriya and North Idku concession subsea tieback project, Egypt

Name of the Project
North El Amriya and North Idku (NEA/NI) concession subsea tieback project.

Location
Off the shore of Egypt.

Project Owner/s
NEA is operated by Petroamriya, a joint venture (JV) between Energean and EGAS. NI is operated by the Nipetco JV between Energean and EGPC.

Project Description
The NEA concession consists of the Yazzi and Python and appraised gasfields, while the NI concession contains four discovered gasfields, one of which is readied for development.

NEA/NI has 49-million barrels of oil equivalent of 2P reserves, 87% of which is gas. Peak production is expected to be about 90-million standard cubic feet a day plus 1 000 bbl/d of condensates.

The development wells will be drilled in water between 60 m and 90 m deep.

Potential Job Creation
Not stated.

Capital Expenditure
Total capital expenditure is estimated at $235-million.

Planned Start/End Date
NEA/NI is scheduled to deliver first gas in the second half of 2022.

Latest Developments
Energean has signed an integrated engineering, procurement, construction and installation (EPCI) contract with global offshore services provider TechnipFMC for a subsea tieback.

The contract covers the EPCI of four subsea wells, as well as the subsea tieback to the existing AbuQir Petroleum infrastructure and processing plant.

Key Contracts, Suppliers and Consultants
TechnipFMC (EPCI contract).

Contact Details for Project Information
Energean, tel +44203655 7200.