APACHE’S NEW EGYPT PSC: KEY POINTS
*Unified PSC with increased renumeration incentivizes investment especially at lower oil prices.
(CONTINUED - 1481 WORDS)Apache Looks To Egypt Growth Following Contract Modernization
Apache’s modernized production sharing contract will “drive increased investment and production” in Egypt following its ratification at the end of 2021. MEES looks at how improved terms will help achieve these goals.
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IN THIS ARTICLE
Charts
Apache Sees Its Gross Egypt Oil Output Growing By 8-10%/Year Out To 2025 As It Doubles Rig Count Following New PSC Terms
Maps
Apache’s Egypt Acreage
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