CAIRO — A reported transfer of five offshore natural gas concessions from BP to Arcius Energy could mark an important Gas Portfolio Shift in Egypt’s upstream energy sector, deepening Gulf participation in Mediterranean gas development while supporting efforts to attract fresh investment into the country’s energy industry. According to a government official cited by Asharq, Egypt has approved the transfer of two [...] The post BP and ADNOC Venture Deepens Presence in Egypt’s Gas Sector appeared first on The Middle East Observer .
