EGYPT’S Zohr gas field has increased output by 65 million cubic feet per day with the start of production from the Zohr-6 well, as part of ongoing efforts to boost field performance under the Petroleum Ministry’s strategy.
The announcement was made yesterday during the general assemblies of Petrobel and Petro Shorouk to approve results for the fiscal year 2024-25. The meetings also reviewed plans to expand oil and gas exploration in deeper layers, supported by seismic studies, with Minister of Petroleum and Mineral Resources Karim Badawi directing detailed long-term studies to unlock full production potential.
Petro Shorouk reported $569m in investments during the year, highlighting Zohr-6 as a key milestone, confirming preparations for work on Zohr-9, and the drilling of two new development wells in the current fiscal year.