Egypt: Cheirom makes new oil discovery near the GNN oil field in the Gulf of Suez energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
KUWAIT CITY, Aug 22: Kuwait Foreign Petroleum Exploration Company, K.S.C.C. (KUFPEC) is pleased to announce that its wholly owned subsidiary, KUFPEC Egypt Limited (KUFPEC Egypt), has made a new oil discovery in the Geisum and Tawila West Concession in the Gulf of Suez, Egypt. KUFPEC CEO Mohammad Salem Al-Haimer stated “the discovery was made through
The new Nubia discovery confirms the exploration potential in the northern area of the concession. The discovery also demonstrates that, whilst the Gulf of Suez is a relatively mature hydrocarbon province, it still has significant remaining exploration potential.