On 20 January 2020, the PSC for Shell's North Sidi Gaber Offshore (2,040 sq km) block, located in the Nile Delta Basin was signed. This follows on from the Egyptian House of Representatives (HoR) ratifying the concession agreement on 9 December 2019 and the Egyptian government, through the Council of Ministers, approving the draft concession agreement in late August 2019. Shell was pre-awarded the block on 12 February 2019, following the EGAS 2018 International Bid Round. The block is in an under-explored part of the Nile Delta Basin, ~75-100km offshore in WD between 1,000-2,350m. It is located outboard and to the north of Burullus Gas Company's West Delta Deep Marine (WDDM) concession (Shell 25%, PETRONAS 25%, EGPC 50%). Work commitments for the block include expenditure of US$ 180 million, three wells and 1,500 sq km of 3D seismic. A US$ 10 million signature bonus is also understood to have been paid. The licence is now operated by Shell in partnership with PETRONAS. Equity splits are not yet known.
On 20 January 2020, the PSC for Shell's North Sidi Gaber Offshore (2,040 sq km) block, located in the Nile Delta Basin was signed.