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From News Desk

bp has announced a significant gas and condensate discovery offshore Egypt following the successful drilling of the Denise W-1 exploration well in the Temsah Concession, located in the Eastern Mediterranean.

Located approximately 70 kilometres offshore in a water depth of 95 metres, the Denise W discovery lies less than 10 kilometres from existing infrastructure, creating strong potential for synergies and a fast-track development.

The discovery shares similar reservoir characteristics with the nearby Temsah and Akhen fields, which have been producing since 2001. High-quality gas-bearing sandstone reservoirs were encountered across a gross interval of approximately 90 metres.

The Denise W-1 well follows a binding head of agreement signed in July 2025 with EGPC and EGAS for a 20-year renewal of the Temsah Concession.

bp holds a 50% working interest alongside Eni, which holds the remaining 50% and operates the Denise Development Lease of the Temsah Concession through Petrobel, the operating joint venture between Eni and EGPC.