Egypt earmarks $1.9bn for 45 new exploratory gas wells until mid-2025
Egypt is planning to drill 45 natural exploratory gas wells in the Mediterranean and the Nile Delta, envisaging…
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British Petroleum
BP signs concession amendments in Egypt
BP, known as British Petroleum also, has signed concession amendments for the Temsah, Ras El Barr and Nile Delta…
British BP nods investment in Egypt gas field 15 months after discovery
British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore…
BP to begin investing in Egyptian Gas Project This Year – CEO
British Petroleum (BP) will start investing in a gas project in Egypt’s Nile Delta this year, Sputnik News quoted…
Egypt inks 6 new Oil and Gas Exploration Agreements – Minister
The Egyptian Petroleum Ministry said it signed six oil and gas petroleum exploration agreements in the Western…
50 Years of Cooperation, BP’s Investments in Egypt Totalling $25 billion
UK-based oil and gas company British Petroleum (BP)’s investments so far in the country are exceeding $25 billion,…
BP Wins Two Exploration Blocks in Egypt, with $240mn Investments
UK-based oil and gas company British Petroleum (BP) has been awarded today two new exploration blocks as a result…
Egypt to Pay off All Arrears to Foreign Oil Firms by 2017
The Egyptian government has reached an agreement with foreign oil firms to pay off all of its arrears by 2017…
BP to Invest $10 billion in Egypt’s Gas Fields for 5 Years
Egyptian Prime Minister Ibrahim Mahlab finalised an investment deal on Tuesday with the CEO of British Petroleum…
Egypt to Finalise $10 Billion Deal with BP
Egypt is to finalise a deal with British Petroleum to invest $10 billion in gas fields in Alexandria governorate,…
