BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company. Under the terms of the agreement, Dragon Oil will purchase producing and exploration concessions, including BP’s interest in the Gulf of Suez.
(The following press release from BP was received by e-mail. The sender verified the statement.) BP to Divest Mature Oil Assets in Egypt to.
From its robust base in the Egyptian mature fields region, Cheiron is actively expanding into international markets in need of its particular brand of expertise, with.