Egypt has boosted production from some of its oldest offshore oil fields to the highest level in nearly a decade, providing a welcome lift for an economy struggling with rising energy import costs and declining domestic output.
The Ministry of Petroleum and Mineral Resources said crude production from offshore fields in the Sinai Peninsula has stabilised at around 27,000 barrels per day, the highest level recorded since 2017 after an intensive optimisation programme led by Italian energy major Eni and the Egyptian General Petroleum Corporation (EGPC).
Production from the fields has risen by more than 50% since January 2025, adding over 10,000 barrels per day and generating more than 2.8 million additional barrels of crude oil, according to the ministry.
The increase is particularly notable because several of the fields have been producing for more than 60 years and would normally be expected to experience declining output.
The gains come at a crucial moment for Egypt’s energy sector.
