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Rwe Dea AG Überseering 40 22297 Hamburg, Germany http://www.rwe.com
Contact Mr Uwe-Stephan Lagies +49 40 63752511
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Rwe Dea AG

RWE Dea to invest 3.6 billion US-Dollars in gas project in Egypt

Terms for field development project in West Nile Delta concessions signed / Biggest single investment in the history of RWE Dea

(PresseBox) (Hamburg/Cairo, )
RWE Dea will be investing 3.6 billion US-Dollars in the field development in the North Alexandria and West Mediterranean Deep Water concessions - the biggest single investment for the upstream company to date. Together with the Egyptian Petroleum Minister Sameh Fahmy, the Egyptian stateowned company EGPC and the operator BP, RWE Dea signed the relevant agreements, which had previously been approved by the Egyptian Cabinet and the Egyptian Parliament, in Cairo.

With reserves of more than 50 billion cubic metres of natural gas (RWE Dea share), the fields in the North Alexandria and West Mediterranean Deep Water concessions are among
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.