{"id":621595,"date":"2018-11-13T04:18:20","date_gmt":"2018-11-13T04:18:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/bp-to-invest-usd-1-8-bn-in-egypt-next-year\/"},"modified":"2018-11-13T04:18:20","modified_gmt":"2018-11-13T04:18:20","slug":"bp-to-invest-usd-1-8-bn-in-egypt-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/bp-to-invest-usd-1-8-bn-in-egypt-next-year\/","title":{"rendered":"BP to invest USD 1.8 bn in Egypt next year"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>INVESTMENT WATCH- BP repeats nearly USD 2 bn investment pledge as Egypt budget rises:<\/strong> BP will invest USD 1.8 bn in Egypt next year as part of plans to expand its operations in the Middle East, <a href=\"https:\/\/www.thenational.ae\/business\/energy\/bp-to-spend-2-8bn-in-abu-dhabi-and-egypt-to-boost-middle-east-presence-1.790728\">CEO Bob Dudley told The National<\/a> in Abu Dhabi, <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/12\/bp-to-invest-usd-2-bn-in-egypt-next-year\/\">reiterating past pledges<\/a>. \u201cWe\u2019ve spent in the last two years USD 6.8 bn in Egypt and it will be about USD 1.8 bn next year,\u201d Dudley said. Dudley stressed the company\u2019s commitment to the region.\"We have had to step back a bit because of the BHP [acquisition] but we\u2019ve been increasing our budgets in Oman, in Egypt,\u201d where the company is involved in both upstream and trading activity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- BP repeats nearly USD 2 bn investment pledge as Egypt budget rises: BP will invest USD 1.8 bn in Egypt next year as part of plans to expand its operations in the Middle East, CEO Bob Dudley told The National in Abu Dhabi, reiterating past pledges. \u201cWe\u2019ve spent in the last two years [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[196,93,72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621595","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-bp","tag-energy","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"812e2428-cbd5-4df0-9c6d-da6058ab61a9","order":"0","is_powered_by":true,"section_story_id":"964d5586-c249-4fe0-b6eb-a80699c01e8a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621586],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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