News
16 December 2024

bp and XRG close deal to launch Arcius Energy

In:
Oil & gas
Region:
Middle East & Africa

bp and XRG have reached financial close and completed formation of their new JV and international natural gas platform – Arcius Energy.Announced in February, Arcius Energy is 51% owned by bp and 49% by XRG, ADNOC’s investment company. Arcius Energy, initially to operate in Egypt,...

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