BP looking to increase its investments in Egypt to reach USD 43 bn within five years

BP could invest another USD 13 bn in Egypt over the next five years, according to a statement from the British Embassy, with UK ambassador John Casson saying that this is “evidence that the UK is committed to further deepening cooperation and supporting Egypt’s economic growth.” Casson and UK Trade Envoy Sir Jeffrey Donaldson attended the Egypt Petroleum Show on Tuesday and Wednesday.