In a significant development for Egypt's oil sector, Prime Minister Moustafa Madbouly revealed on Thursday that 105 new wells have been drilled over the past six months. This expansion has resulted in an additional 64,000 barrels of oil per day, further enhancing the country's production capacity, Prime Minister told a press conference. Th prime minister's announcement underscores the government's ongoing efforts to strengthen the national oil industry, increase production, and ensure energy security for Egypt's growing needs. The new wells are part of a broader strategy to maximise the potential of Egypt's oil reserves and maintain a strong position in the global energy market. Attribution: Amwal Al Ghad English
