14 Hrs
Source:
صدى البلد
_1777352244987_250242181.png&w=64&q=75){kind=small}
_1777352142843_145525226.png&w=64&q=75){kind=small}
Ahmed Moussa: British Petroleum's Egypt exit concerns
Reports indicate that British Petroleum is heading towards divesting from the Egyptian market, while the alternative company EnGreen plans to increase its market share, although officials have not confirmed this. On the other hand, the American company Chevron affirms the stability of the environment in Egypt and aims to boost drilling and exploration activities by 50% in 2025, with plans to drill 20 exploratory wells and 5 to 6 appraisal wells, as well as expand the use of artificial intelligence to enhance production rates. Additionally, the UAE’s Adnoc is investing over one billion dollars in exploration efforts in Egypt, reflecting the growing activities of major companies in the country.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)