Egypt’s branch of Kuwait Foreign Petroleum Exploration Company (KUFPEC) has begun extracting bitumen oil from a well in the Gulf of Suez, the company announced on Thursday. In a statement, KUPEC said its wholly owned subsidiary, KUFPEC Egypt limited (KUFPEC Egypt) has achieved the first oil production from its appraisal ...
The Iranian Navy test-fired new homegrown cruise missiles on Thursday in a military exercise in the northern parts of the Indian Ocean to hit targets at a distance of 280 kilometers. Iran’s Navy launched a naval combat war game in the Sea of Oman and the northern parts of the ...