Egypt, Arcius sign final investment decision for $500m Harmattan Gas Field development
Egypt and Arcius Energy, a joint venture between BP and ADNOC, have approved a $500 million development of the…
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Arcius Energy
Egypt’s Petroleum Min inspects rig for 5 new Gas wells as BP, Arkeus boost investments
Egypt’s Minister of Petroleum Karim Badawi inspected the drilling vessel Valaris DS-12 on Saturday. The vessel has…
Egypt to settle $1.3b in oil, gas partner dues by June ’26 – ministry
Egypt plans to settle $1.3 billion in oil and gas partner dues by the end of June 2026, down from $6.1 billion in…
Egypt seeks to tap untapped gas reserves in Mediterranean
Egypt’s state-owned gas company is exploring ways to bring previously untapped natural gas discoveries in the…
BP vows to expand Egypt investments, speed up gas drilling
British oil major BP reaffirmed its commitment to expand investments in Egypt, accelerate drilling plans, and…
Arcius Energy acquires North El Burg concession in Egypt
Arcius Energy, a joint venture between BP and ADNOC’s affiliate XRG, has acquired on Wednesday full production and…