DEA Extends Concessions in Egypt
German oil company DEA Deutsche Erdoel AG has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. DEA’s General Manager Sameh Sabry signed the new concession agreement. The new agreement extends the concession for five years ending mid-2022. It includes an optional extension of another five years until 2027, subject to mutual agreement.Sameh Sabry says: “I am delighted that we managed to agree on a concession extension.
Balasus-Lange to Head DEA Deutsche Erdoel Division
Effective as of 1 February, Uwe Balasus-Lange (49) took over the function as Head of the newly created division Germany/Denmark of DEA Deutsche Erdoel AG. He was previously engaged as Head of Field Development at the Hamburg-based company. In the course of his past career Mr Balasus-Lange acquired extensive experience in Germany and abroad as well as in-depth functional expertise in all areas of the upstream business. Mr Balasus-Lange is…
Radwitz Appointed GM of DEA Egypt
As of February 1st, Dr Thomas Radwitz has been appointed General Manager of the Egyptian subsidiary of DEA Deutsche Erdoel AG. Egypt is one of the core countries for the German upstream company. Dr Thomas Radwitz, who is well experienced in Egypt‘s and the North African upstream industry, succeeds Dr Hans-Hermann Ecke, who has been General Manager of DEA Egypt since March 2015. Dr Ecke has served the company for 30 years in different managerial positions and will now retire.
Ecke is GM of DEA Egypt
The new General Manager for Egypt is Dr Hans-Hermann Ecke, who is responsible for the business of the Egyptian subsidiary of DEA Deutsche Erdoel AG based in Cairo since the beginning of March. “I am looking forward to the upcoming tasks in Egypt, where DEA has already been part of the oil and gas industry for more than 40 years,” says Dr Hans-Hermann Ecke. “With our Disouq natural gas project, we have recently been able to more than double our oil and gas production in Egypt. Dr Hans-Hermann Ecke has a PHD in geology.
RWE Dea to Expand in Egypt
RWE Dea doubled its oil and gas production in Egypt and drawn up expansion plans. North Africa is a strategic core region for Dea. The company is one of the leading foreign investors in Egypt and produces oil and gas in the country for 30 years by now. RWE Dea is presenting applied technology highlights and recent projects at the MOC 2014 in Alexandria. At the company’s own booth (Central Hall, Stand A2) and the technical program, Dea will…
RWE Dea Awarded Two New Concessions in Egypt
In the International Bid Round 2013, RWE Dea has been awarded two new offshore concessions with operatorship by the Egyptian General Petroleum Corporation (EGPC). The concessions are located in the Gulf of Suez, where the company is producing oil as operator for more than 30 years. Dea will become operator of two new concessions in the Gulf of Suez. Dea will hold a share of 100% of the East Ras Fanar Offshore and 50% of the Northwest El Amal concession, with Edison International SpA holding the remaining 50%.
RWE Dea Starts Gas Production in Egypt
RWE Dea achieved first production from the Central Treatment Plant (CTP) of the Disouq Development Project in Egypt. Production commenced at an initial rate of 45 million standard cubic feet gas per day. Total production of 150 million standard cubic feet gas per day from the Disouq project has been achieved already. RWE Dea’s oil and gas production in Egypt will be boosted by 50 percent. Further increase in production is expected in 2015. Production from the CTP commenced at an initial rate of 45 million standard cubic feet gas per day.
RWE Dea Update on Egyptian Sidi Salem S.E Gas Fields
RWE Dea has completed three appraisal wells in the Egyptian Sidi Salem South East-1 and Sidi Salem South East-2 Gas Fields from March to May 2014 with the aim of de-risking reserves and reducing uncertainties of the Late Miocene Abu Madi reservoir prior to production. The two Sidi Salem South East Fields lie approximately 20 km south-west from the Disouq Central Treatment Plant (CTP) at North Sidi Ghazy Field. The first appraisal well Sidi Salem South East-2-3 (SSSE)…
RWE Dea's 30th Oil Production Anniversary in Suez
RWE Dea has achieved 30 years oil production in the Gulf of Suez. The company has produced over 640 million barrels of crude during these three decades. Ongoing investments in modern technology and infrastructure have maintained high production levels. Currently, RWE Dea is optimizing its gas lift installations in the Zeit Bay oil field. RWE Dea has been successfully producing oil from the Ras Fanar field, just a few miles off the west coast of the Gulf, since 1984.
