Global Courant 2023-05-16 12:16:27
The Apache Oil Company tries to acquire a large number of new areas in Egypt to search for and explore for oil, especially after his work in the Western Desert.
Egyptian Petroleum Minister Tarek al-Mulla on Monday discussed the company’s operations in Egypt and its current programs and plans to increase the volume of its oil and gas research, exploration and production work in its concession areas in the Western Desert.
Mulla said Apache has been operating in Egypt in the Western Desert for more than 25 years and has achieved remarkable successes, making it the largest oil producer in Egypt.
Apache stressed that there are many opportunities to make new discoveries in light of the potential of the western desert region and the availability of modern technologies and new drilling methods.
The company added that this enhances its desire to obtain new concession areas with high oil potential that will help realize its plans to increase production in the next period.
Mulla said Apache is an important partner to the petroleum industry and there is coordination between the petroleum industry and the oil company to continue pumping more investment and drilling more wells to achieve a common goal of increasing production rates in the importance of both. celebrate.
He also talked about expanding the use of advanced technologies and digital transformation, which will improve the efficiency of operations and reduce production costs.
