Ministry of Petroleum and Mineral Resources said Agiba Petroleum Company made its largest discovery in 15 years in Egypt’s Western Desert, with estimated reserves of 330 billion cubic feet of gas and 70 million barrels of oil equivalent.
Eni, through Agiba Petroleum Company, its joint venture with the Egyptian General Petroleum Corporation (EGPC), has launched start-up activities for the Meleiha Phase 2 (MP2) project in Egypt’s Western Desert, marking a significant step in expanding the country’s natural gas production and processing capacity.
