Agiba Petroleum Company | Egypt Oil & Gas

Agiba Petroleum’s New Discovery Adds 330 bcf of Gas, Largest in 15 Years

Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and the Italian energy major Eni, has made a new Western Desert hydrocarbon discovery described as the company’s large...

Badawi Outlines Five-Year Infrastructure Plan to Reduce Imports

Karim Badawi, Minister of Petroleum and Mineral Resources, confirmed that the petroleum sector is executing an ambitious five-year plan to increase production by upgrading and expanding existing infrastructure, accord...

Western Desert Discoveries Add 34 mmcf/d of Gas and 5,200 bbl/d of Crude

Four petroleum sector companies have successfully made discoveries in the Western Desert, yielding a total estimated production of over 5,200 barrels per day (bbl/d) of crude oil and condensates, alongside approximate...

Agiba New Wells Add 1,650 bbl/d to Egypt’s Crude Oil Output

Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, has drilled Dorra-36 and West Yasmine-3  new wells in its Western Desert concession, kicking off its ...

Agiba Records Highest Crude output in Three Years during December

Agiba Petroleum Company has achieved its highest crude oil output in three years at around 32,000 barrels per day (bbl/d) in December, thanks to the intensified drilling and investments from its Italian partner Eni, a...

Badawi Appoints New Leaders at Petrobel, Agiba

Karim Badawi, Minister of Petroleum and Mineral Resources, has issued a new round of appointments for leadership positions at Belayim Petroleum Company (Petrobel) and Agiba Petroleum Company. Tharwat Samir Mahmoud Ahm...

Egypt Makes Two New Gas Discoveries Onshore Nile Delta, First in 2 years

Egypt witnessed a series of new oil and natural gas discoveries in the Nile Delta, Western Desert, and Eastern Desert, adding over 5,000 barrels per day (bbl/d) of oil and 42 million standard cubic feet of gas per day...

Agiba Petroleum Boosts Iris, Arcadia West Production to 12,000 Boe/d in Western Desert

Agiba Petroleum Company, a joint venture between the Egyptian Petroleum Company (EGPC) and the Italian energy giant Eni, has increased the production rates from its Iris and Arcadia West areas in the Western Desert to...

Agiba Petroleum Boosts Production by 4,100 boe/d with “Arcadia-28” Well

Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and IEOC, part of Italian Eni, was able to add an estimated 4,100 barrels of oil equivalent per day (boe/d) to its pro...

Agiba Petroleum Plans to Produce 24,000 bbl/d During FY 2025/26

Agiba Petroleum Company Chairman Tharwat El Gendy stated that the proposed budget of his company for the fiscal year (FY) 2025/26 amounted to $641.3 million with a plan to produce 24,000 barrels of oil per day (bbl/d)...

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