El Hamra Oil Posts 4,600 bbl/d Production in FY 2025/26

El Hamra Oil Company, a joint venture between EGPC and IPR Energy Group, reported an average oil production rate of 4,600 barrels per day (bbl/d) during FY 2025/26. The company's results were presented at its General Assembly meeting.

Chairman Salah Abdel Karim praised the partnership with IPR and called for further efforts to increase production, emphasizing adherence to exploration timelines and drilling of additional wells in the coming period.

Hamra Oil continued to revive mature fields, implement a program to develop and upgrade existing production facilities, and began its exploration drilling campaign in July 2026. The company plans to proceed with drilling the next appraisal well in September 2026.