Egypt’s Sinai offshore fields hit highest crude output since 2017

Egypt’s Sinai offshore oil fields have achieved their highest daily production rate in eight years, with output reaching around 27,000 barrels per day (bpd), Al Youm Al Sabea reported on June 8, citing a statement from the Ministry of Petroleum and Mineral Resources.

The concession area, operated by Italian energy major Eni (BIT:ENI) through its subsidiary IEOC in partnership with the Egyptian General Petroleum Corporation (EGPC), has recorded a production spike exceeding 50% since the start of 2025. This represents one of the strongest growth rates the region has seen in recent decades, although some of the mature marine fields have been in active production for over 60 years.

The output surge is driven by an intensive production optimisation programme backed by Eni's recent investment initiatives targeting the Gulf of Suez, Sinai, and Nile Delta regions. To maximise the value of these long-standing assets, the strategy deployed advanced operational technologies, trimmed downtime, and resumed active development drilling across 2026.

According to the ministry, these upgrades yielded an output surplus of more than 10,000 bpd compared to previous baseline averages, generating over 2.8mn barrels in cumulative additional production since January 2025.

The government specifically noted sound performance of the recently drilled Belayim Offshore wells, BM-133 and 113-M-131, which together delivered more than 3,200 bpd with near-zero associated water content.