Cairo – Egypt’s Ministry of Petroleum and Mineral Resources has announced the discovery of three new oil and gas fields in the Western Desert, marking another step forward in the country’s energy development strategy.
The new finds were made by Khalda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and U.S.-based Apache Corporation. These discoveries are expected to add significant value to Egypt’s hydrocarbon sector, with estimated production levels reaching 2,750 barrels of oil and condensates per day, along with 20 million cubic feet of natural gas.
According to the Ministry, the total output from these sites is projected to yield around 12 million barrels of oil equivalent, including 4 million barrels of recoverable reserves. The discoveries are also expected to push Khalda Petroleum’s daily natural gas production to over 480 million cubic feet, strengthening its position as one of Egypt’s leading upstream producers.
These developments align with Egypt’s broader plan to enhance domestic oil and gas production, reduce reliance on imports, and maximize the use of local resources to meet growing energy demands. The Western Desert continues to be a key exploration and production hub due to its rich reserves and established infrastructure.
Officials emphasized that continued exploration and investment in the region are essential to maintaining the momentum of recent discoveries and attracting further international partnerships in Egypt’s oil and gas sector.