BP on 6 March announced “the successful completion of drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, marking the final well in its four-slot drilling campaign in the West Nile Delta.”
Whilst initially billed as a development well – the Fayoum field produces modest volumes as part of BP’s West Nile Delta project – an oil ministry source confirms that drilling was exploratory in nature. (CONTINUED - 261 WORDS)