- Final Investment Decision (FID) for the development of the Mina West gas discovery, located in the Northeast El Amriya concession in the Mediterranean Sea.

BG international limited, an affiliate of Shell plc (Shell), and KUFPEC Egypt Limited (KEL) wholly-owned subsidiary of Kuwait Foreign Petroleum Exploration Company, k.s.c.c. (KUFPEC) announced the Final Investment Decision (FID) for the development of the Mina West gas discovery, located in the Northeast El Amriya concession in the Mediterranean Sea. This strategic decision demonstrates KUFPEC’s flexibility and commitment to deadlines in addition to alignment with its partners to meet the increasing market demands.

Mina West has been advanced by the joint ventures, in collaboration with the Egyptian Natural Gas Holding Company (EGAS). This milestone showcases the partners shared commitment to accelerating value delivery and enhancing Egypt’s domestic gas supply. Progress has been made possible through an innovative contracting strategy with a world-class Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) contractor.

KUFPEC Chief Executive Officer Mr. Eisa A. Al-Maraghi stated that “KUFPEC has long been a key player in advancing upstream oil and gas projects worldwide. Our partnership with Shell in Egypt reflects our broader commitment to energy cooperation and strategic investments throughout the region”.

About KUFPEC

KUFPEC is an international upstream company engaged in exploration, development and production of crude oil and natural gas outside the State of Kuwait and is a wholly owned subsidiary of Kuwait Petroleum Corporation.

About Shell plc

Shell plc is incorporated in England and Wales, has its headquarters in London and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.