reserves | Egypt Oil & Gas

Khalda Petroleum Reports 23 Discoveries, Production, Reserves Growth in FY 2024/25

Khalda Petroleum Company, a joint venture (JV) between Apache and the Egyptian General Petroleum Corporation (EGPC), made 23 oil discoveries, including West Faiops-1X and NUT S-1X, during fiscal year (FY) 2024/25. ...

GPC Boosts Production, Reserves with New Technology in 2024/25

The General Petroleum Company (GPC) re-explored brownfields using unconventional methods for the first time, leveraging artificial intelligence (AI) during fiscal year (FY) 2024/25. This led to two discoveries in ...

Wadico Adds 5.4M Tons in New Phosphate Reserves

The New Valley Company for Mineral Resources and Oil Clay’s (Wadico) successfully added 5.4 million tons of new phosphate to its reserves during 2025, as part of the company's plans to maximize its reserves and ad ...

Wadico Adds 6.6M tons of Phosphate Reserves in 2024

New Valley Company for Mineral Resources and Oil Clay (Wadico) Chairman Amgad Ghoneim said that his company expanded its drilling activities for phosphate ore, adding new reserves estimated at approximately 6.6 mi ...

Oman’s LNG Reserves Record Increase by 7% in 2022

The annual report issued by the Ministry of Energy and Minerals that Oman’s liquefied natural gas (LNG) reserves reached to 24 trillion cubic feet (tcf) in 2022 recording increase by 7% compared to the correspondi ...

Centamin Announces Second Year of Reserve Growth at Sukari

Centamin has announced the second year of reserve growth at Sukari, driven by a 33% increase in underground reserves.

US May Release 180 mmbbl From Its Strategic Reserves to Stabilize Oil Prices

The US administration may consider to release a total of 180 million barrels over several months from the U.S Strategic Petroleum Reserves (SPR), Reuters reported citing four sources.

Shell Signs Agreement with Oman to Develop Natural Gas Reserves

Shell Integrated Gas Oman, a subsidiary of Royal Dutch Shell has signed a concession agreement with the Omani Ministry of Energy and Minerals, OQ company and Marsa Liquefied Natural Gas to develop natural gas rese ...

El Molla Visits Ramallah, Israel to Support EMGF Efforts

The Minister of Petroleum and Mineral Resources, Tarek El Molla, will visit Ramallah and Israel to held meeting with Mohamed Mustafa, the Palestinian President Advisor for Economic Affairs, and Yuval Steinitz, the ...

IOOC Studies to Raise Persian Gulf’s Production by 740 mmbbl

The Iranian Offshore Oil Company (IOOC) has conducted fast track comprehensive projects on four oil fields in the Persian Gulf, aiming to raise the estimated oil reserves by more than 740 million barrels (mmbl).

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