UK-based Harbour Energy has commenced development of the Fayoum-Messinian gas field in Egypt, adjacent to its West Nile Delta infrastructure, with first gas targeted before the end of 2026 — adding a new production string to the company’s rapidly expanding Egyptian portfolio.
The development was confirmed in Harbour Energy’s first quarter 2026 trading and operational update, which also disclosed completion of drilling on the EZZ-1 and EZZ-2 appraisal wells in the Disouq Concession. Those wells hold expected gas in place of 35 billion cubic feet and 2 million stock tank barrels of associated condensate.
Harbour Energy posted group revenues of $3.0 billion in Q1 2026, up from $2.8 billion a year earlier, supported by stronger realised oil and European gas prices. Total global output reached 506,000 barrels of oil equivalent per day during the quarter, a modest improvement from 500,000 boe/d in the prior year, supported by the $3.2 billion acquisition of US-based LLOG Exploration Company and new project start-ups in the US, Argentina, Norway, and Egypt.
In Egypt, the company operates the Disouq gas field in the Nile Delta and holds significant interests in the West Nile Delta project alongside BP. It recently made the first gas discovery in the Nile Delta in two years at the North Sidi Ghazy 1-9 well in the Disouq concession and signed a landmark agreement with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) to develop the North King Mariout and El Arish Mediterranean fields together with BP. Harbour significantly strengthened its Egyptian position through the $11.2 billion acquisition of Wintershall Dea’s upstream assets in late 2024.
Source: egyptoil-gas.com