Egypt has recorded new oil and gas discoveries in the Western Desert, with an estimated output of more than 5,200 barrels per day of crude oil and condensates and around 34 million cubic feet of gas per day, the Ministry of Petroleum and Mineral Resources stated.

The Gulf of Suez Petroleum Company (GUPCO) has successfully commenced production from the Al-Wasl-4 development well in the North Safa offshore field.

Prime Minister Mostafa Madbouly and ExxonMobil’s Vice President of Research and Exploration John Ardell discussed the latest developments of the company's concession areas in Egypt, particularly in the Mediterranean region

British Petroleum (bp) has discovered oil and natural gas reserves in the King Mariout offshore block in Egypt's northern Mediterranean, Egyptian Prime Minister Mostafa Madbouly confirmed during a weekly press conference on February 5th.

Khalda Petroleum Company (KPC), a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Apache, announced a new oil discovery in the West Fewebs-1 at Kalabsha development area of Egypt’s Western Desert.