Egyptian assets became LUKOIL’s first production projects in a country outside the former Soviet Union. Today, the Company participates in three Upstream projects in Egypt: Meleiha, WEEM and WEEM Extension.
|LUKOIL OVERSEAS EGYPT LIMITED||Oil, gas and condensate production|
|Geological exploration, gas and condensate production|
LUKOIL is a major participant in the Meleiha Upstream project located in the Western Desert of Egypt with a contract valid until 2024. Meleiha is one of PJSC LUKOIL's first international production projects. The Company joined the project in 1995. Over the last few years, following the great efforts in additional exploration, including 3D seismic surveys and exploratory drilling, several new highly productive fields were discovered within the block — North Nada and Gavaher (2007), Arkadia (2010), Emri Dip (2012), Rosa North (2013), and Meleiha-West (2014).
LUKOIL is now implementing the WEEM (West Esh El-Mallaha) production project in Egypt (the Eastern desert, near the city of Hurghada). Production operations have been conducted at the block since 1997. After the company joined the project in 2001, LUKOIL has ensured quick incremental development of the fields (more than 12 times vs. the first two years of operations). In 2004, a number of infrastructure facilities were constructed as part of the WEEM project, including a tank battery with a total capacity of 9 thousand cu. m and a 100 km long export pipeline that connected the block's fields with the oil loading terminals Ras Al-Bihar and Gebel Al-Zeit on the Red Sea's west coast.
WEEM Extension project
In February 2010, LUKOIL joined WEEM Extension project in Egypt (the block is located next to the WEEM block from the northeast). Under the project, all block exploration commitments were fulfilled, including wildcat drilling and 3D seismic surveys. Pilot operations at the block commenced in 2010, and at that time a 20-year development license was obtained.
LUKOIL began operations in Egypt by joining the Meleiha project. Egypt became the first country outside the former Soviet Union where the Company began its hydrocarbon fields development operations.
LUKOIL joined the WEEM project.
LUKOIL joined the WEEM Extension project.
In 2015, LUKOIL sponsored the Center for Egyptological Studies of the Russian Academy of Sciences (RAS) in Egypt. Thanks to this support, archaeologists were able to carry out underwater explorations in Alexandria. During this expedition they conducted underwater explorations at the place where the French ship Le Patriote, which transported equipment for the scientific squad of Napoleon Bonaparte’s army, suffered wreckage in 1798. They also mapped the ancient wave-breaker at the port of Evnost, Egypt’s main commercial port of the Greco-Roman times. Archaeological data obtained during these explorations will through more light on many different aspects of navigation in antiquity.
LUKOIL Overseas Egypt Ltd, Cairo Branch office
80 Road 250, Maadi, El-Sarayat, Cairo, Egypt