BP's big Egyptian spend

BP HAS bagged two new exploration blocks in Egypt from last year's Egyptian Natural Gas Holding Company (EGAS) bid round, committing $240 million to the blocks with its partners over the next several years.

11 November 2014
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Block 3-North El Mataria in the northeastern part of the Nile Delta cone, 57km west of Port Said, is BP's first foray into the onshore Nile Delta.

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