Energy

Tharwa to drill 7 new wells in 2020

by enterpriseam adminEgypt Edition2 April 2020

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The Tharwa Petroleum Company will drill seven new exploration wells in 2020, the Oil Ministry said in a statement. Tharwa president Amr El Leithi said that the company will also secure six new concessions and enter into joint ventures with Total, Exxon Mobil, Chevron, BP and Shell this year. Tharwa owns concessions in Siwa, and the Western and Eastern Deserts, and drilled eight exploration wells in 2019 yielding around 6.8k bbl/d.

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BP Chevron Eastern Desert energy ExxonMobil Oil Ministry Shell Tharwa Petroleum Company TotalEnergies

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