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Tuesday, April 15, 2025 3:52 GMT
Egypt's Ministry of Petroleum and Mineral Resources on Saturday announced three new oil and gas discoveries in the country's Western Desert. According to a ministry statement, the discoveries made by Khalda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation and US Apache Corporation, 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...More