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Oil and Gas

BP to invest $1.5B in Egypt during next 4 years

The investment will be injected in Egypt during the next 3 to 4 years, a BP spokesperson told Bloomberg

Egypt to increase renewable energy by 60% within energy mix by 2030

Minister of Petroleum and Mineral Resources, Tarek El Molla disclosed during his participation at Shaping a Pragmatic and Realistic Energy Future session on the sidelines of the Egypt Energy Show (EGYPES) 2024

BP to invest $1.5 to $5B in Egypt's exploration activities in coming years

The CEO of BP emphasized the company's commitment to continuing its investments in gas and oil exploration in Egypt, giving it a high priority in this field

ADNOC & BP to form gas joint venture in Egypt

BP will contribute its interests in three development concessions, as well as exploration agreements and ADNOC will make a cash contribution to fund growth opportunities

Egypt’s New Industrial Incentives: How Advantageous Can They Prove to be?

A look at the recently announced package of incentives targeting industrial projects