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Egypt explores modern drilling to cut oil and gas costs
Summary by Egyptian Gazette
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Egypt explores modern drilling to cut oil and gas costs
Egypt is advancing technical and economic studies to apply horizontal drilling and hydraulic fracturing across petroleum and gas fields, aiming to boost production and reduce operating expenses. The initiative follows discussions between Petroleum Minister Karim Badawy and a senior Halliburton delegation led by Ahmed Helmy, Vice President for North Africa. Badawy emphasised that maximising Egypt’s hydrocarbon resources is a top priority, directi…
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