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Adnoc, BP to form gas JV in Egypt
The JV is set to be established in 2H 2024
THIS EVENING: Adnoc + BP set up a new gas JV in Egypt
Good afternoon, ladies and gentlemen. It’s almost-THURSDAY, but the news cycle is picking up pace for the last two days…
BP Egypt has a new VP
The new VP has over 30 years of industry experience
Four international companies awarded oil and gas exploration blocks
Four concessions were handed to Eni, BP, Qatar Energy, and Zarubezhneft
Rising oil prices drive hotter-than-expected US inflation in August
Saudi Arabia and Russia are trying to push oil prices towards USD 100, complicating the Federal Reserve’s attempts to calm…
Singapore chemicals firm to invest USD 700 mn in 2 factories. PLUS news from BP, Orascom Construction, aiBank, Glamera, and Waterway Developments.
PLUS: BP to drill four exploratory gas wells in the Mediterranean before the end of the year
BP to invest USD 3.5 bn in Egypt in 3 years. PLUS: latest on Middle East Glass, Cairo-Tokyo flights + new education visas
BP CEO Bernard Looney held talks with President Abdel Fattah El Sisi yesterday
Oil majors to invest USD 1.8 bn here by 2025 in search for gas
Chevron, Eni, ExxonMobil, Shell, and BP will drill a total of 35 wells by 2025
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