​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Program 5  :Upstream Performance

Main Objectives

• Increase Oil & Gas production and pipeline of proven reserves.
• Improve recovery rates & cost performance through world-class technology.

Achievements to date:

• Enhanced production to Overcome the natural decline during 2017
• 25% decline in Gulf of Suez
• 40% decline in western desert
• Increased production with incremental 31,000 barrels oil ; 9,000 barrels condensate and 1500 MMSCF gas).
• Encourage collaboration between JVs to achieve operational efficiency & unlocking more resources