Shell takes Final Investment Decision on Phase 12a in Egypt's West Delta Deep Marine concession
Cairo - BG Delta Limited, a subsidiary of Shell plc (Shell), and its partners; the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC) and Petronas, announced a Final Investment Decision (FID) on the Phase 12a development project in the West Delta Deep Marine (WDDM) concession, located in Egypt's Nile Delta offshore the Mediterranean Sea. Phase 12a will deliver three deep-water subsea wells, first production is expected in 2028.
The Phase 12a development concept replicates the proven execution model successfully delivered through Phases 10 and 11, with the three new wells tied back into WDDM's existing subsea infrastructure operated by the Burullus Gas Company joint venture. Leveraging established facilities reduces project cycle time, optimises capital efficiency and minimises the operational footprint of new development.
"This investment demonstrates our commitment to maximising the remaining potential in WDDM where the right technical and commercial conditions exist," said Dalia Elgabry, Vice President and Country Chair, Shell Egypt. "By leveraging existing infrastructure and our proven development experience, we can accelerate delivery while reinforcing our partnership with the Egyptian government and joint venture partners to help meet Egypt's energy needs."
Phase 12a aligns with Shell's focus on advantaged, high-margin barrels delivered through disciplined capital allocation and existing infrastructure. It also directly supports Egypt's strategic ambition to strengthen domestic gas supply, reinforce energy security and consolidate the country's position as a regional energy hub by sustaining production from one of the Nile Delta's most established offshore gas concessions.
The Phase 12a project reinforces Shell's relationship with our partners in Egypt, where natural gas remains essential to powering lives and businesses through a reliable and secure supply of energy.
Notes to editors
- The WDDM concession (BG Delta Limited 50%, Petronas International Corporation Ltd. Egypt 50%) is located in the Nile Delta, approximately 90-120 km offshore in a water depth range of 300 m to 1200 m. Burullus Gas Company S.A.E. is the joint venture operating company of WDDM (EGPC 50%, BG Delta Limited 25%, PICL Egypt 25%).
- The WDDM field first started production in 2003. The most recent development phases, Phase 10 and Phase 11, successfully brought six new wells on-stream in 2024 and 2025. Phase 12a is a replication of the Phase 10 and 11 concept and execution approach, with a comparable investment envelope.
- The Phase 12a development scope consists of the drilling and completion of three deep-water gas wells, facilities installation, hook-up and commissioning into WDDM's existing subsea infrastructure.
- The investment in Phase 12a is expected to generate an internal rate of return (IRR) in excess of the hurdle rate for Shell’s Integrated Gas business.
About Shell in Egypt
Shell Egypt N.V. is wholly owned by Shell plc. Shell has been active in Egypt for over 100 years and remains a leading player in the country, with investments spanning the value chain. Shell's integrated portfolio includes exploration, upstream operations, LNG through the Egyptian LNG (ELNG) joint venture, and the lubricants business through Shell Lubricants Egypt (SLE).
Enquiries
Heba El Karrar
Corporate Relations Advisor
Shell Egypt N.V.
Cell: +2 01202222578
Heba.Elkarrar@Shell.com