BP says it is on track to begin production from Zohr before the end of the year, according to comments made by BP CEO Bob Dudley to Reuters. BP completed the acquisition of 10% of Eni’s stake in the Zohr gas field in February, and Rosneft also owns a stake in the field.
More from Enterprise
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
A dozen companies have moved up from the SME board, and analysts say investors should look at how capital is being raised
Companies can apply to move to the main board above…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…