A second well, currently under construction, is anticipated to be completed by mid-January, which will boost the field’s output to 6,000 barrels.
04.01.2024 The media line
The first phase of early production in the 'North Safa' field was executed by an Egyptian consortium, comprising "Eni, Petrojet, and Marine Petroleum.
02.01.2024 Egypt Today
This amount includes the outstanding bonds of Wintershall Dea, with a nominal value of around $4.9 billion that will be transferred to Harbour.
27.12.2023 Pulse 2
Egypt extends Lukoil's contract for the West Esh El-Milaha oil field, boosting production and attracting significant foreign investment.
20.12.2023 oil and gas middle east
The memorandum of understanding was signed by Mohamed Fathi, Chairman of Town Gas, and the General Manager of the Romanian CIS Gaz Company.
20.12.2023 See news
The recent escalation in attacks by the Iranian-backed Houthi group in Yemen has fueled a rise in oil prices.
20.12.2023 See news
Egypt’s petroleum imports, including crude oil and oil products, dropped 11.4 percent to $1.06 billion in September from $1.2 billion in August.
18.12.2023 Ahram Online
Saudi-led consortium signs 10-year contract with EGPC to boost production in Egypt's SUCO and OSOCO oil fields.
14.12.2023 oil and gas middle east
The shipments will depart from the liquefaction stations in Idku and Damietta in mid-December 2023.
13.12.2023 Egypt Today
Libyan Ministry condemns Egypt-South Korea deal for exporting Libyan oil via Garjoub without Libya's knowledge or involvement.
12.12.2023 oil and gas middle east
