Crude oil production from Egypt’s Sinai Offshore Fields has reached its highest daily level since 2017, with output averaging around 27,000 barrels per day — a milestone the Ministry of Petroleum and Mineral Resources (MoPMR) attributed to an aggressive reinvestment push by Italy’s Eni in partnership with the Egyptian General Petroleum Corporation (EGPC).
The ministry said production rates in the area have climbed more than 50 percent since the start of 2025, representing one of the strongest growth trajectories in decades — a particularly striking achievement given that several of the fields have been in operation for over 60 years. Since January 2025, cumulative output from the surge has exceeded 2.8 million barrels.
The performance turnaround was driven by an intensive production enhancement programme built around advanced technologies, improved operational efficiency, and sharp reductions in downtime. The resumption of drilling activity in 2026 reinforced the gains: wells BM133 and 113M131 have delivered more than 3,200 bpd of oil combined, with near-negligible water content — a key efficiency metric in mature field operations.
The MoPMR credited extension of exploration and production agreements as a foundational policy decision that encouraged Eni to inject fresh capital and escalate drilling activity. Eni had announced in February that the Belayim Offshore 133 well (BM-133) came on stream at an initial rate of 1,500 bpd.
The surge generated a surplus exceeding 10,000 bpd of oil, a development the Ministry described as exceptional against the natural decline curves typically expected in ageing producing fields and a proof of concept for what targeted modern operational programmes can achieve in mature petroleum provinces.
Source: egyptoil-gas.com