24 Hrs
Source:
المصدر
_1777352244987_250242181.png&w=64&q=75){kind=small}
General Petroleum Finds 12 Oil Reservoirs
During the fiscal year 2025-2026, the General Petroleum Company achieved its highest annual discovery rate in its history, unveiling 12 new oil discoveries using advanced data analysis techniques and increased employment of artificial intelligence. Daily production rates reached approximately 77,000 barrels of oil equivalent, and the company successfully improved operational efficiency by reducing energy consumption by 22%. Additionally, it financed investments worth 8 billion Egyptian pounds. The company also prepared to drill its first horizontal well in the Western Desert, aiming to boost production and increase reserves.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)