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Top Africa Sustainability Matters News
Middle East · EgyptEgypt is rolling the dice on black gold once again, announcing plans to drill 480 new exploratory oil wells over the next five years—an ambitious $5.7 billion wager that the country can claw its way back from years of production decline. The Petroleum Ministry laid out the plan this week, revealing that 101 wells are already slated for 2026, spread across Egypt’s main producing regions. The announcement didn’t specify where all that capital is c…See the Story
Egypt Is Making a $6 Billion Bet on Crude Oil
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