The FINANCIAL — bp today announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is expected to produce up to 50 million cubic feet of gas per day, has been developed through a one-well subsea development and tie-back to existing infrastructure. “We are proud to have brought this project safely onstream through an extremely challenging period. Our team continues to work to help Egypt realise the potential of its energy resources,” Karim Alaa, regional president,…
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