Egypt’s Ministry of Petroleum and Mineral Resources announced a new natural gas discovery in the Nile Delta, with initial production estimated at around 50 million cubic feet per day.

The discovery follows the successful drilling of the exploratory well “Nidoco N-2” in the concession area, operated by Eni in partnership with BP.

During a field visit, Petroleum Minister Karim Badawi inspected the “EDC 56” drilling rig, which carried out operations in the West Abu Madi area in Kafr El Sheikh, approximately 3 kilometers offshore in shallow waters at a depth of about 10 meters. The well was drilled from land using advanced directional drilling technology, helping reduce costs and improve operational efficiency.

The minister stated that this discovery, along with increased output from existing fields, reflects progress in settling dues owed to foreign partners, with full repayment targeted by the end of June. This strengthens investor confidence and supports a more attractive investment environment.

He added that regular payments have encouraged partners to expand exploration activities, increase drilling and production rates, and invest in aging fields by extending concession agreements, contributing to new investments in these areas.

The well’s proximity to existing infrastructure, less than 2 kilometers from the nearest production facilities, will allow for rapid connection to the national grid and early production within the coming weeks.

Officials noted that the discovery highlights efficient use of existing infrastructure and supports efforts to boost domestic gas supply, while also reflecting continued success by Eni in exploration activities across its concession areas in Egypt.