News
16 February 2024

BP and ADNOC to form gas JV in Egypt

In:
Oil & gas
Region:
Middle East & Africa

BP and ADNOC will form a joint venture in Egypt that will initially focus on natural gas.The JV, expected to be formed in the second half of this year, will be 51% owned by BP and 49% by ADNOC, the companies said.The BP-ADNOC Egyptian JV was originally planned to be the second phase of the two...

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