BP signs three concession amendments with Egypt - statement

BP signs three concession amendments with Egypt - statement
 

BP (BP.L) has signed amendments to the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt, allowing for the development of the Nooros field, the company said on Tuesday.
"BP is proud to progress the acceleration of its drilling activities in the three concession areas. The conclusion of these amendments was a critical milestone that allowed the discovery and fast track development of the Nooros field," Hesham Mekawi, BP's North Africa chief said in a statement.
Noroos achieved in September a record production of 700 million standard cubic feet per day, the company... read more

 
27 September 2016 in Business, Views: 37
Source: Reuters
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