BP announced the discovery of gas and condensate off the coast of Egypt following the drilling of the Denise W-1 exploration well in the Temsah concession, located in the Eastern Mediterranean, according to the Zawya website.
Located approximately 70 kilometers offshore at a depth of 95 meters, the Denise W discovery lies less than 10 kilometers from existing infrastructure, creating significant potential for synergies and accelerated development.
The discovery shares reservoir characteristics similar to those of the neighboring Temsah and Akhen fields, which have been in production since 2001. High-quality gas-bearing sandstone reservoirs were found within a gross interval of approximately 90 meters.
The Denise W-1 well follows a binding preliminary agreement signed in July 2025 with EGPC and EGAS for a 20-year renewal of the Temsah concession.
bp holds a 50% operating interest alongside Eni, which holds the remaining 50% and operates the Denise development concession of the Temsah Concession through Petrobel, the operating joint venture between Eni and EGPC.
Earlier this year, bp was awarded two new offshore exploration licenses: North-East El Alamein Offshore (100% bp) and West El Hammad Offshore (bp 25%, Eni 75%, with bp as operator). Both blocks are located near existing infrastructure.
In addition, last month, bp deployed the DS-12 drilling rig to drill five firm wells and three optional wells in challenging deepwater environments, further supporting the increase in domestic gas production to meet Egypt’s growing energy demand.
More recently, bp signed an agreement with GANOPE (South Valley Egyptian Petroleum Holding Company) for the concession of Block 6 in the Red Sea, expanding into a new and promising frontier.
bp has been operating in Egypt for over 63 years and continues to play a leading role in the development of the country’s energy resources through strategic partnerships and ongoing investments.
This is bp’s second exploratory discovery this year, following 12 discoveries in 2025, further strengthening its resource base to support long-term organic growth.
