BG Egypt Starts Gas Production at Sequoia Offshore Field

DUBAI (Zawya Dow Jones), Aug. 10, 2009

BG Egypt, a subsidiary of UK-based BG Group, started Saturday gas production from its Sequoia subsea development.

The project, located 90 kilometers in the Mediterranean Sea, represents a $1 billion investment and was delivered six months ahead of schedule, BG Egypt said in a statement Sunday.

BG Group, which holds a 62.99% unit interest in Sequoia, said the project brings into production six new subsea wells, three located in each of the concessions, which will help maintain overall plateau production.  

Copyright (c) 2009 Dow Jones & Company, Inc.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Mechanical Integrity Analyst - Rockies Mechanical Integrity
Expertise: Production Operator
Location: Platteville, CO
Sr Workforce Specialist - Global LNG
Expertise: Production Operator
Location: The Woodlands, TX
Account Manger - Levelland/Lubbock, TX Area
Expertise: Customer Service|Production Operator|Well Servicing & Testing
Location: Levelland, TX
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours