Agiba discovers largest oil and gas reserves in Western Desert in 15 years

Summary

Agiba Petroleum Company announced its largest oil and gas discovery in 15 years in Egypt’s Western Desert. The Bustan South-1X well revealed approximately 330 billion cubic feet of natural gas and 10 million barrels of crude oil, totaling around 70 million BOE. The discovery's proximity to existing infrastructure will facilitate rapid development.

Recent Coverage

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