BP commences production from Taurt field, Egypt

BP Egypt, and its joint venture partner, Gulf of Suez Petroleum Company (GUPCO), has commenced gas production from the Taurt field in Egypt at the beginning of July.

The Taurt field is located in Ras El Bar concession, 70 kilometres offshore in the northeast of Port Said, West Nile Delta.

Partners at Ras El Bar Offshore Concession agreement are BP Egypt, which holds 50% stake with operatorship and IEOC, the affiliate of ENI in Egypt holds remaining 50% stake.

Andy Inglis, BP’s Chief Executive of Exploration & Production, said Taurt is another major project delivered successfully.

It will contribute to BP’s production profile for the next decade and beyond. Egypt is an important growth area with further potential, concluded Mr. Inglis.