Production

'No near-term solution': Egypt rig shortage impacts APA oil output

US independent's production goals in North African nation also hit by electric submersible pump failures

Egypt's Minister of Petroleum & Mineral Resources Tarek El Molla.
Egypt's Minister of Petroleum & Mineral Resources Tarek El Molla.Photo: REUTERS/SCANPIX
Africa CorrespondentLondon
Published 23 February 2024, 10:36Updated 23 February 2024, 11:12
APA CorporationEgypt.John ChristmannAfricaNorth Africa