Egypt announces new 8 million barrels oil discovery in Gulf of Suez

[Daily News Egypt - Egypt] - 29/01/2025
Egypt has confirmed the discovery of at least eight million barrels of oil in the East Crystal-1 well in the Gulf of Suez, the petroleum ministry announced on Wednesday. The exploratory well was drilled by UAE-based Dragon Oil, through the Gulf of Suez Petroleum Company (GUPCO). The drilling of (…)
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