United Energy Egypt

Established in 2006, Kuwait Energy Egypt has over of 15 years in the onshore upstream oil and gas sector focusing on the investment and operation of oil and natural gas and built a high quality and diversified portfolio consisting of four producing assets with exploration prospects, three of which are operated by Kuwait Energy Egypt with remarkable track record to turnaround previously under-performing assets to high producers and cash generators contributing significantly in the total level of the oil production of the country. With the four producing assets, Kuwait Energy Egypt has rapidly grown its production and reserve base since inception with strategic outlook to contribute with 10% of total Egypt production within five years and drilled 150 wells with best in class drilling performance, including 61 exploration wells with 56% exploration success rate and non-productive time less than 2% and 88 development wells. Since Inception, Kuwait Energy Egypt has invested approximatel...