Chan Mike

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Oil & Gas news

Harbour Energy Commits Initial $6 Mn for Desouq, Eni Renews Port Fouad Deal

The total investment could rise to around $18 million if new discoveries are made and subsequently developed.

‏The petroleum sector has succeeded in adding approximately 12,000 bpd of crude oil and condensates to the Western Desert's production.

As part of its strategy to boost domestic oil and gas output, the Egyptian oil and gas sector has added roughly 12,000 barrels per day (bbl/d).

The 172-station network will be operated via a new vehicle — Quick Fuel for Petroleum Products Trading and Distribution.

Badawi said clearing the debt removed a key ⁠obstacle to new investment inflows and would support increased exploration, drilling.

Oil & Gas Events

EGYPES 29.03.2027

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