Petrogulf, a subsidiary of the South Valley Egyptian Petroleum Holding Company, has boosted production from its Gulf of Suez fields to around 26,600 barrels per day, up from about 17,000 barrels per day in the 2025/2026 fiscal year—the highest output since its founding in 1982.
Petrogulf achieved a production surge of nearly 10,000 barrels per day over just five months through an accelerated and effective work plan.
The plan involved drilling a new production well, “North Geisum North-16”, which contributed around 4,000 barrels per day on its own. An intensive maintenance program for existing wells in the Gulf of Suez added a further 6,750 barrels per day.
The program utilized two drilling rigs, demonstrating improved operational efficiency and quicker implementation.
Petrogulf serves as a successful model of investment partnership between Egypt’s petroleum sector—represented by the South Valley Egyptian Petroleum Holding Company and the Egyptian General Petroleum Corporation—and private partners, including Egypt’s Pico and Kuwait’s Kufpec.
