Shell had invested about $900 million in Khazar, a unit of Kazakh state energy firm KazMunayGaz said in a statement.
Drilled to a total depth of 10,260 ft, the Etame 9P appraisal well encountered both Gamba and Dentale oil sands, the company said in a news release.
Lean duplex stainless steel can serve as an alternative to hot-dipped galvanized steel for walkway gratings.
The company said the results have positive implications for other targets in the area, including Tolmount Far East and the Mongour discovery.
Royal Dutch Shell is aiming to start operating in its concession areas in Egypt in the second half of 2020, a senior executive said.
LLOG Exploration Offshore has signed a subsea tree order with TechnipFMC on Oct. 15 for its Shenandoah project in deepwater of the Gulf of Mexico (GOM).
Norwegian Equinor ASA, Brazilian Enauta Participacoes SA, Compania Espanola de Petroleos S.A.U. and Petroleos de Portugal Petrogal SA, controlled by Galp Energia SGPS SA, are joining the bidders.