Agiba Petroleum Sees $357 million Investments in Egypt within FY14/15

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Egypt’s Agiba Petroleum Company plans to pump new investments worth US$357 million within the current fiscal year 2014/2015.

The new investments will go for carrying out several new exploration projects and drilling 55 fresh wells during this year, Chairman Mostafa El Bahr told Amwal Al Ghad on Wednesday.

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