US energy firm IPR has made two new oil discoveries in the Western Desert’s Ras Qattara concession and a third in the South Disouq concession, IPR Vice President Elsayed Shahin tells Al Shorouk. The company, which drilled 23 wells last year, has already begun production on the first two discoveries, according to Shahin.
More from Enterprise
Your points are currency, treat them like one
Most people treat credit card points like a pleasant surprise:…
How should young people think about money and budgeting?
Your income and your time are your biggest assets in…
Former Deputy PM Ziad Bahaa-Eldin joins Adsero to head new regulatory practice
Plus: Former International Cooperation and Planning Minister Rania Al Mashat…
Blnk raises USD 37.1 mn to scale its consumer finance operations
The local fintech reached profitability last year and will use…