The Denise W discovery is situated about 70 kilometers offshore in water depths of 95 meters and lies less than 10 kilometers from existing infrastructure, a factor expected to enable rapid and cost-efficient development.
The extension enables the full economic development of the petroleum and natural gas potential within the concession area.
Halliburton marks 25 years of hydraulic fracturing in Egypt, announces AI platform "Zeus iQ" to enhance production efficiency.
The company also highlighted advancements in energy efficiency and sustainability, supporting a fair energy transition.
This came after the visit of a high-level delegation of officials from the Italian company Eni to Egypt last Monday.
