The Egyptian General Petroleum Corporation (EGPC) reported a strong operational performance for FY 2024/25, underpinned by the deployment of artificial intelligence (AI) and modern technologies to revive production from mature fields.
At the General Assembly, Petroleum Minister Karim Badawi reaffirmed the state-owned company’s pivotal role in supporting the national economy. He stressed that combining Egypt’s technical expertise with advanced digital tools had unlocked new reserves and boosted output, confirming that aging fields still hold significant potential.
EGPC Chairman Mohamed Abdel Majeed said the corporation re-explored older Western Desert fields using AI, leading to two new discoveries—GPS and GPR—with daily production of 2,700 barrels and reserves estimated at 62.4 million barrels of oil equivalent. Modern perforation techniques also tripled well productivity compared to traditional methods.
The corporation’s average daily output reached 85,000 barrels of oil equivalent, alongside the addition of 18 million barrels of confirmed recoverable reserves and the drilling of 113 new wells. Efficiency initiatives included connecting fields to the national electricity grid, with more than 7.5 megawatts now sourced from renewable projects in Zafarana and Ras Ghareb.
Badawi directed sector-wide adoption of such technologies to boost local production and reduce reliance on imports. Electricity Minister Mahmoud Esmat endorsed the shift toward renewable integration at production sites, noting its economic and environmental benefits.
