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BP to invest $1.5bn in Egypt gas projects for fiscal year 2026/27 - Dailynewsegypt
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BP to invest $1.5bn in Egypt gas projects for fiscal year 2026/27 - Dailynewsegypt
British energy giant BP plans to invest approximately $1.5bn in Egypt during the 2026/2027 fiscal year to fund gas development, exploration, and the drilling of new wells, the company’s executive vice president for gas and low carbon energy, William Lin, said on Tuesday. The investment plan, which remains open to additional capital inflows, was announced during a meeting between Lin and Egyptian Prime Minister Mostafa Madbouly on the sidelines o…
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