Skip to content
Back to Guavy Wire
Commodities

PetroAmir Sustains Output, GANOPE Seeks NPIC Support at PetroSafwa

Instruments
Oil
Share

PetroAmir's operations have been sustained at an average of 973 barrels per day (bbl/d) in the fiscal year 2025/26, according to Chairman Mohamed Abdel Raouf.

Despite natural decline in well productivity and rising associated water production from crude oil wells, PetroAmir has carried out maintenance operations on 13 wells and tested new geological formations.

The company's efforts have been supported by the Egyptian General Petroleum Corporation (EGPC), which emphasizes the importance of increasing production at this stage due to Egypt's large market and development plans.

GANOPE Chairman Samir Raslan also called on North Petroleum International Company (NPIC) to strengthen its support for petroleum activities at PetroSafwa, a joint-venture company between NPIC and GANOPE.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc