Egypt targets 480 new oil and gas wells in $5.7bn exploration push

[Daily News Egypt - Egypt] - 15/12/2025
Egypt plans to drill 480 exploratory wells with total investments estimated at $5.7bn over the next five years, Minister of Petroleum and Mineral Resources Karim Badawi said on Monday, as the country seeks to reverse a decline in natural gas output. Speaking at the 9th Al-Ahram Energy (…)
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