Image by ClaudioVentrella/ iStock
Egypt announces 3 new O&G discoveries
CAIRO, 2 days ago
Egypt's Ministry of Petroleum and Mineral Resources announced three new oil and gas discoveries in the country's Western Desert, reported WAM.
According to a ministry statement, the discoveries made by Khalda Petroleum Company are expected to produce nearly 12 million barrels of oil equivalent and 4 million barrels of recoverable reserves.
The ministry said the three discoveries are estimated to produce 2,750 barrels of oil and condensates and 20 million cubic feet of gas per day.
