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.
Company Presence
| Subsidiary | Activities | |
|---|---|---|
| LUKOIL OVERSEAS EGYPT LIMITED |  Oil, gas and condensate production | |
 Geological exploration, gas and condensate production | ||
WEEM Extension
In February 2010, LUKOIL joined WEEM Extension project in Egypt (the block is located next to the WEEM block from the northeast).
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Meleiha
LUKOIL is a major participant in the Meleiha Upstream project located in the Western Desert of Egypt with a contract valid until 2024.
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WEEM
LUKOIL is now implementing the WEEM (West Esh El-Mallaha) production project in Egypt (the Eastern desert, near the city of Hurghada).
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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.
