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(Corrects Noroos 2017 production target in paragraph 3 to 880million standard cubic feet per day, not 88 million)
CAIRO, Sept 27 (Reuters) - BP has signed amendmentsto the Temsah, Ras El Barr and Nile Delta Offshore concessionsin Egypt, allowing for the development of the Nooros field, thecompany said on Tuesday.
"BP is proud to progress the acceleration of its drillingactivities in the three concession areas. The conclusion ofthese amendments was a critical milestone that allowed thediscovery and fast track development of the Nooros field,"Hesham Mekawi, BP's North Africa chief said in a statement.
Noroos achieved in September a record production of 700million standard cubic feet per day, the company said, and istargeted to reach 880 million standard cubic feet per day byearly 2017.
BP holds a 50 percent interest in Temsah and Ras El Barr,and a 25 percent interest in the Nile Delta Offshore Concession.The remaining working interest is held by ENI throughits subsidiary IEOC.
Once an energy exporter, Egypt has turned into a netimporter because of declining oil and gas production andincreasing consumption. It is trying to speed up production atrecent discoveries to fill its energy gap as soon as possible.
Egypt currently produces about 3.9 billion cubic feet of gasper day and imports another 1-1.1 billion cubic feet per day. (Reporting by Ahmed Aboulenein; Editing by Lin Noueihed)
