During the recent period, Egypt has witnessed successive announcements of its discovery of new treasures from the ground, which is a boom in the field of oil and gas discoveries, in Western Sahara, the Mediterranean, and the Gulf of Suez.
Egypt records 3 new petroleum discoveries in Western Sahara
Egypt recorded 3 new discoveries in the Western Sahara, containing huge quantities, up to 12 million barrels of equivalent oil, along with 4 million barrels that can be extracted.
A new well, north of Al Hammad, was discovered in the Mediterranean, with preliminary estimates of 1.5 trillion cubic feet of natural gas, and the Italian company “Eni” achieved an oil discovery in Western Sahara, producing two principles of 5 thousand barrels per day.
In a related context, Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, held a session of talks with Claudio Descalzi, CEO of Italian Eni, in the presence of Eng. Yassin Mohamed, the executive director of EGAS, and Eng. Moataz Atef, Undersecretary of the Technical Office and the Minister’s Office affairs and the official spokesman of the Ministry.
The meeting dealt with discussing the expansion plans of the Italian company Eni in Egypt and the program for drilling wells for the year 2025, including digging the second well in the back field. Narcissus.
