Oil minister: Use of cutting-edge technology to locate oil in western desert

 

In statements on Thursday during a meeting of the general assembly of Agiba Petroleum and Pharaonic Petroleum companies to approve the budges of 2020/2021 fiscal year, the minister said his ministry uses cutting-edge technologies to locate oil resources sites in the western desert.

 

 

He stressed the importance of abiding by safety and vocational health measures in oil companies as one of the basic elements of the success oil industry.

 

 

He pointed out to cooperation with Italy's Eni company to graduate specialists in the fields of safety and allow them to get masters and PhD degrees in the field of safety.

 

 

He called for a revision of operation costs which stipulate a cut in a barrel production costs, calling for increasing the number of development and exploratory wells in the two companies to increase production.