Crude oil production from the Sinai Offshore Fields has reached its highest daily level since 2017, with output averaging around 27,000 barrels per day (bbl/d), a milestone that underscores the effectiveness of ongoing efforts to boost output from existing assets and optimize the utilization of Egypt’s petroleum resources, according to the Ministry of Petroleum and Mineral Resources (MoPMR)
The Sinai Offshore Fields are being developed by Italy’s Eni in collaboration with the Egyptian General Petroleum Corporation (EGPC).
This, noted a MoPMR statement, is the outcome of the incentive measures implemented in recent months, foremost among them is the extension of exploration and production agreements, a step that encouraged international companies to inject new investments and intensify drilling and exploration activities.
Eni has recently adopted an ambitious investment program in the Gulf of Suez, Sinai, and the Nile Delta aimed at boosting production and maximizing the value of existing assets.
MoPMR said production rates in the area have climbed more than 50 % since the start of 2025, marking one of the strongest growth rates in decades. The surge comes despite some fields having been in operation for over sixty years, underscoring the impact of modern technical and operational programs designed to boost the performance of mature assets.
The Ministry described this increase as an exceptional achievement compared to the natural decline rates typically expected in producing fields. The production surge generated a surplus exceeding 10,000 bbl/d of oil, contributing to cumulative output of more than 2.8 million barrels since January 2025.
It als noted that the achievement was driven by an intensive production‑enhancement program built on advanced technologies, improved operational efficiency, and minimizing downtime to the lowest levels. The resumption of drilling in 2026 also reinforced output, with wells BM‑133 and 113‑M‑131 delivering more than 3,200 bbl/d of oil with almost negligible water content, significantly bolstering the area’s performance.
In February, Eni announced that it had commenced production from the Sinai well, the Belayim Offshore 133 well (BM-133), at an initial rate of 1,500 bbl/d.
