Production Increase | Egypt Oil & Gas
Badawi: Egypt’s Total Crude Oil Production Exceeds 540,000 bbl/d
Egypt’s total crude oil production has exceeded 540,000 barrels per day (bbl/d), marking a return to growth after a period of decline, Karim Badawi, Minister of Petroleum and Mineral Resources, said during a mee...
PetroGulf Boosts Drilling Efficiency,Cuts Costs by $700,000
PetroGulf Misr has successfully implemented an advanced drilling model at the GNN-16 well in the Gulf of Suez, reducing operational costs by $700,000 and shortening the drilling timeline by 5.5 days, according to a Mi...
PhPC to Fast-Track Drilling New Gas Well, Targeting 40 mmcf/d
Pharaonic Petroleum Company (PhPC) confirmed plans to fast-track drilling activities to bring a new development well onstream in the fourth quarter (Q4) of 2026 with a production rate of 40 million cubic feet (mmcf/d)...
Egypt Unveils Five-Year Exploration,Production plan to IOCs
The Minister of Petroleum and Mineral Resources, Karim Badawi, has outlined a new five-year plan for oil and gas exploration and production during a high-level meeting with leaders and representatives of international...
Badawi: Zohr Field Contributes 23% of Egypt’s Gas Output
Zohr field currently contributes more than 23% of Egypt’s total gas production, said Karim Badawi, Minister of Petroleum and Mineral Resources, adding that the Mediterranean region would witness stability in pr...
OPEC+ Set to Hike Output by 137,000 B/D in November
OPEC+ is expected to approve a production increase of at least 137,000 barrels per day (b/d) for November at its upcoming virtual meeting on October 5, according to three sources familiar with the discussions, Reuters...
OPEC+ May Approve Additional Oil Production on Sunday
OPEC+ member countries are predicted to approve more oil production on Sunday, noting that the members are still discussing the final increase for September, Reuters reported. The group has accelerated production incr...
Egypt, Global Energy Leaders Hold Talks on Field Development, Production, Investments at CERAWeek 2025
On the sidelines of CERAWeek 2025, Minister of Petroleum and Mineral Resources Karim Badawi held meetings with CEOs of international companies to discuss production and investments. In a meeting, Badawi discussed met ...
