Badr El Din’s new oil discoveries boost Egypt’s proven reserves by 10.6m barrels

EGYPT – Badr El Din Petroleum Company, one of the company’s affiliated to state owned Egyptian Petroleum Corporation has announced that it made eight new oil discoveries the fiscal year 2019-2020. The discoveries are a significant boost to Egypt’s proven oil reserves as they are expected to add an additional 10.6 million barrels to the North African country’s tally. While making the announcement, Petroleum Minister Tarek El Molla affirmed, the importance of prioritizing occupational safety and health at a time when the country was grappling with a corona virus pandemic.…

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