BP has discovered gas at the Atoll-1 deepwater well in Egypt's North Damietta Offshore Concession, with around 50 meters of gas pay. The find, close to existing infrastructure, emphasizes BP's commitment to Egypt and established basin exploration.

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2026-04-20 16:57:53

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BP has announced a new gas discovery offshore Egypt within the North Damietta Offshore Concession. The Atoll-1 deepwater exploration well, located in the North Damietta Offshore Concession, encountered approximately 50 meters of gas pay and is expected to be fast-tracked for development. This discovery, situated near existing infrastructure, highlights BP’s commitment to Egypt and its strategy of exploring in established basins.

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Bp Announces Gas Discovery Offshore Egypt With Fast-track Potential

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