Economy Politics Country 2026-03-19T22:19:04+00:00

Egypt to Drill 100+ Oil Wells by 2026

Egypt's oil ministry unveiled an ambitious plan to drill over 100 exploration wells for gas and oil by 2026. This measure aims to ensure the country's energy security and attract investments.


Egypt to Drill 100+ Oil Wells by 2026

Egypt's Ministry of Petroleum and Mineral Resources confirmed that the oil sector plan includes drilling over 100 exploration wells for gas and oil by 2026. This is a key direction for the development of the country's energy sector. The ministry emphasizes the importance of increasing production to ensure Egypt's energy security. The implementation of the plan is expected to create new jobs and attract investments. These measures will contribute to economic growth and strengthen Egypt's position in the global energy market.