BORAPETCO Surpasses FY 2025/26 Production Target by 4%

Borg El Arab Petroleum Company (BORAPETCO) has surpassed its production target for fiscal year 2025/26 by 4%, achieving 4,322 barrels of oil equivalent per day (boe/d).

The company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and United Energy Group (UEG), invested around $29.5 million during the fiscal year.

Chairman Mostafa El-Meihy highlighted strong operational performance across the Borg El Arab, East Abu Sennan, and West Wadi El-Natrun areas, with a focus on strategic investments in drilling, facility upgrades, and digital transformation initiatives.