Tuesday, January 31, 2023
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Mega gas discovery for Chevron offshore Egypt

Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, has confirmed that the US super major Chevron has made a significant natural gas discovery in the Mediterranean offshore Egypt’s coast.

In a briefing to a parliamentary committee, El Molla said the find is a large gas field in the Nargis block in the eastern Mediterranean. Evaluation is still ongoing to determine the field’s reserves, he added.

Chevron is partnered with Egypt’s Tharwa Petroleum in Block 4 where the Nargis is located. Nargis is one of four offshore exploration blocks in Egypt that Chevron holds operating interests in.  

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