Shell Invests in Egypt's WDDM Concession with Phase 12a Development

Shell has made a Final Investment Decision (FID) on Phase 12a development in Egypt's West Delta Deep Marine (WDDM) concession, which is located offshore the Mediterranean Sea. The project involves developing three deepwater subsea wells and is expected to start producing gas by 2028.

The Phase 12a development will replicate the model used in WDDM Phases 10 and 11, with new wells tied back to existing infrastructure operated by the Burullus Gas Company joint venture. According to Shell, using existing infrastructure will help shorten the project timeline, improve capital efficiency, and limit additional facilities.

'This investment demonstrates our commitment to maximizing the remaining potential in WDDM where the right technical and commercial conditions exist,' said Dalia Elgabry, Vice President and Country Chair of Shell Egypt. The Phase 12a development is expected to support Egypt's efforts to strengthen domestic natural gas supplies and enhance energy security by sustaining production from established offshore gas assets.

The project also reflects Shell's focus on disciplined capital allocation and developments that can leverage existing infrastructure. Shell's operations in Egypt are mainly focused on offshore natural gas, particularly in the Mediterranean, where it has interests in several concessions, including WDDM and Rosetta, alongside a stake in Egyptian Liquefied Natural Gas Company (ELNG).