News
04 June 2019

BP sells Gulf of Suez oil blocks in Egypt to Dragon Oil

In:
Oil & gas
Region:
Middle East & Africa

Oil major BP has agreed to sell its Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company, for an undisclosed sum.BP said that under the terms of the agreement, Dragon Oil will purchase producing and exploration concessions, including BP’s interest in the...

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