Abu Qir Petroleum Company is currently preparing to finalize the second stage of North Abu Qir-3 field (NAQP_II) in the company acquisition area in the Mediterranean Sea.

Abu Qir is planning to raise production from the marine port during the current fiscal year. The expected production from the field is 80 billion cubic feet of gas and 2000 barrels of condensates per day, after the drilling of two new wells in the coming period.

It is worth mentioning that the Abu Qir Petroleum Company is a joint venture company between the Egyptian General Petroleum Corporation (EGPC) and Italian Edison.