Tag: OAPEC

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Egypt Surpasses Daily Crude Production Rate for the First Time in Almost 7 Decades

Egypt recently announced that it has exceeded its production rate of 650,000 barrels of oil per day (bopd) for the first time since the late 1950s. Atef Hassa, Head of...
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Egypt Signs Exploration Agreements with 12 Multinational Oil Companies

The Ministry of Petroleum in Egypt has announced the signing of 12 exploration agreements with major oil companies in the sector. The new agreements cover the main basins of the...
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