The offshore Velox-1X exploratory well in the North Cleopatra concession has yielded promising oil indicators, confirming the presence of an active petroleum system and crude oil in the area
Updated 7/26/2026 12:30:00 AM
Minister of Petroleum and Mineral Resources Karim Badawi visited the drilling operations site of the Velox-1X exploration well onboard the drillship Stena Ice MAX,
Updated 7/12/2026 12:07:00 AM