State-owned General Petroleum Company averaged 77,000 boe/d in FY 2025/26 and recorded its highest-ever annual number of petroleum discoveries, as Egypt turns to AI, horizontal drilling and hydraulic fracturing to squeeze more production from mature assets. Egypt’s General Petroleum Company recorded 12 petroleum discoveries in fiscal 2025/26, its highest annual total, while average production reached […] The post Egypt’s GPC Posts Record 12 Discoveries as Technology Targets Mature Fields appeare
State-owned General Petroleum Company averaged 77,000 boe/d in FY 2025/26 and recorded its highest-ever annual number of petroleum discoveries, as Egypt turns to AI, horizontal drilling and hydraulic fracturing to squeeze more production from mature assets. Egypt’s General Petroleum Company recorded 12 petroleum discoveries in fiscal 2025/26, its highest annual total, while average production reached […]
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