Egypt increases crude output by 12,000 bpd
The Egyptian Ministry of Petroleum announced the addition of approximately 12,000 barrels of crude oil and condensates per day in the Western Desert region over the past two weeks, thanks to intensive investments and development programs. This increase follows the operation of five new wells, including three development wells and two exploratory ones, utilizing modern and digital technologies to boost production. Khaleda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation and American company Apache, achieved an increase of more than 10,000 barrels per day in production, while the General Petroleum Company recorded its highest production levels since October 2024, reaching approximately 74,500 barrels of oil equivalent per day.
Notice: This Is an AI-Generated Summary
Comments (0)