Hamdy Abdel Aziz, Spokesperson for the Ministry of Petroleum and Mineral Resources, stated that the Ministry’s strategy is being implemented to increase oil and gas discoveries especially in the Western Mediterranean, according to the Kelma Akhira program presented by Lamees El Hadidi.

The production capacity of the new well is estimated at 415 barrels per day (b/d).

The Egyptian Natural Gas Holding Company (EGAS) secured 2.1 trillion cubic feet (Tcf) of natural gas during fiscal year (FY) 2017/18.

Egypt produced an average of 626,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2016/2017.

Petrobras has announced two onshore discoveries, one in its Amazon Basin block and another in the onshore section of the Espirito Santos Basin

Dana Gas PJSC, the Middle East's first and largest regional private sector natural gas company, has announced that it has made two new onshore gas discoveries in the Nile Delta Basin of Egypt.