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Egypt announces 3 new O&G discoveries

CAIRO, 11 days ago

Egypt's Ministry of Petroleum and Mineral Resources announced three new oil and gas discoveries in the country's Western Desert, reported WAM.
 
According to a ministry statement, the discoveries made by Khalda Petroleum Company are expected to produce nearly 12 million barrels of oil equivalent and 4 million barrels of recoverable reserves.
 
The ministry said the three discoveries are estimated to produce 2,750 barrels of oil and condensates and 20 million cubic feet of gas per day.
 



Tags: Egypt | Oil | gas |

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