*Output from Egypt’s Western Desert oil production heartland continues to edge higher as dominant producer Apache ramps up investment after inking a new concession deal that was finalized at the end of 2021 (MEES, 7 January).
*Already for November Apache had increased its active drilling rig count to 11 from five at the start of 2021 (MEES, 12 November 2021). Egypt’s overall rig count has risen to a 21-month high (MEES, 14 January). (CONTINUED - 368 WORDS)