Egypt’s Gulf of Suez Petroleum Company has brought the second phase of its North Safa field development into service, backed by investment from the UAE’s Dragon Oil in partnership with the Egyptian General Petroleum Corporation.
The milestone follows completion of offshore construction work by Petroleum Marine Services, which installed the platform’s production deck along with associated equipment. North Safa currently produces about 15,000 barrels a day from five wells, with a new well due online shortly expected to add a further 2,500 barrels a day as the first output from the project’s second phase.
Total investment across both phases of the roughly $170 million project includes a notable achievement: a 10-kilometre subsea electrical cable now links the field to the Ramadan-6 complex, connecting it to the permanent power grid and replacing temporary power arrangements. The switch is expected to save around $3,700 a day in operating costs while cutting out diesel use altogether, supporting Egypt’s push to boost domestic output and trim its import bill.
Source: (egyptoil-gas.com)