BP PLC said Thursday it made a large natural gas discovery offshore Egypt in the Nile Delta, the third deep gas discovery in the area.
The gas was found at a record depth during the drilling of the Satis well in the North El Burg offshore Nile Delta concession, BP said in an emailed statement.
"Satis is a major technical achievement that demonstrates the great potential of the deeper reservoirs within the Nile Delta and will require further appraisal," BP said.
Satis was drilled by the Constellation II jack-up rig in a water depth of 90 meters, BP said.
BP is the operator at the concession, holding a 60% stake, with Germany's RWE Dea owning the remainder.