BP Egypt buys out TotalFinaElf in offshore
Nile Delta concession
Petroleum News Alaska
BP Egypt will purchase TotalFinaElf’s 50 percent interest in the West Mediterranean deep water area concession in the offshore Nile Delta for an undisclosed sum, the company said July 5.
BP is already operator of the concession with an existing 50 percent interest.
The agreement, which was signed....
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