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بوابة الفجر
Petroleum Minister Reports 591 Wells and 113 Discoveries in Two Years
The article focused on Egypt's efforts to develop the oil and natural gas sectors, including the placement of 591 new wells on the production map and the achievement of 113 discoveries during the period from July 2024 to June 2026, to boost local production and compensate for the natural decline of existing fields. Additionally, Minister Karim Badawi discussed strategies to increase the added value of resources, strengthen regional cooperation with Cyprus, Greece, and Libya, and improve infrastructure to support the Mediterranean Regional Energy Center. The figures highlight Egypt's commitment to expanding and developing the energy sector in order to ensure regional energy security and attract more investments in this field.
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