Under the new terms, the joint venture company, "DISOUCO", is granted the right to produce natural gas within the expanded concession, with a commitment to increase drilling activities in the newly included area.
The Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with Harbour Energy to expand exploration and production activities in the Desouq gas field, located within the Nile Delta concession area. The agreement includes an additional land area with improved commercial terms.
Under the new terms, the joint venture company, "DISOUCO", is granted the right to produce natural gas within the expanded concession, with a commitment to increase drilling activities in the newly included area.
According to a statement from the Ministry of Petroleum, the enhanced agreement framework will support expanded drilling operations across both the current Desouq concession and the newly awarded land, promoting sustainable growth and increased production in the region.
The agreement was signed by Yassin Mohamed, Executive Managing Director of EGAS, and Sameh Sabry, Regional Director for the Middle East and North Africa at Harbour Energy.
Yassin Mohamed emphasized EGAS’s optimism regarding positive exploration results in the new area, with the goal of discovering new reserves of oil and gas and developing them in the future.
The onshore Desouq gas project, located in the Nile Delta, is managed by DISOUCO, a joint venture between Wintershall Dea Nile, a subsidiary of Harbour Energy, and EGAS.
Since the commencement of production in 2013, the project has played a key role in meeting Egypt’s growing energy demands. The partnership has also achieved strong environmental performance, with Desouco successfully eliminating routine flaring in the Desouq area and significantly reducing harmful emissions intensity.
In late 2022, Harbour Energy made a gas discovery in the East Damanhour exploration area, located west of the Desouq development concession. Due to its proximity to the central processing facility in Desouq, the new find was quickly connected to production, which began in September 2023.
Harbour Energy operates the project with an 80% interest, while INA – Industrija Nafte holds the remaining 20%.
