Egypt expands key oil field in Eastern Desert
STORY: Egypt expands key oil field in Eastern Desert
DATELINE: May 31, 2023
LENGTH: 0:00:47
LOCATION: Cairo
CATEGORY: ECONOMY
SHOTLIST:
1. various of Egypt's Ministry of Petroleum and Mineral Resources
2. various of the inauguration event
STORYLINE:
Egypt's Minister of Petroleum and Mineral Resources Tarek El Molla inaugurated Tuesday the expansion of the North Geisum oil field in the Petrogulf concession area in the Eastern Desert.
The oil field has seen development and an increase in production and reserves. Petrogulf's production from the field jumped from 4,000 to 19,000 barrels of oil per day, and the confirmed reserve increased from 118 million to about 203 million barrels during the first half of the current year 2023.
El Molla stressed that the new expansions and increased productivity come as a direct result of the ministry's strategy to increase and maximize the production of petroleum wealth, through the optimal exploitation of existing facilities.
The expansion of the North Geisum o
- Product Code
- ILEA001379755
- Registered date
- 2023/5/31 00:00:00
- Credit
- Xinhua / Kyodo News Images
- Media source
- Xinhua News Agency.All Rights Reserved
- Media size
- 1920 × 1080 pixel
- Deployment size
- 45.95(MB)*
*File size when opened in Photoshop, etc.