Summary

Cheiron has established a robust partnership with Egypt, signing a new concession agreement on East Gemsa to stabilize local energy supply. This deal follows significant progress since 2023, when the company achieved its first gas from the West El Burullus Concession and produced gas from the East Damanhur Concession. Recently, the company announced it targets a 25% reduction in greenhouse gas emissions by 2025, driven by its success in drilling multiple well projects, such as the GC-8B well targeting the Kareem reservoir and the Am 18 Sidetrack Well at its Amal Field.

Title

Cheiron

Description

Cheiron

Keywords

february, concession, january, production, west, march, assets, field, petroleum, team, international, operations, corporation, december, august, news, more

NS Lookup

A 209.38.198.105

Dates

Created 2026-03-08

Updated 2026-04-21

Summarized 2026-04-21