RWE Dea, the gas and oil exploration and production unit of German utility RWE AG, said Monday it will jointly invest $9 billion in the development of two offshore gas fields in Egypt with project operator BP PLC (BP). The investment will be made for the development of the North Alexandria and West Mediterranean Deep Water concessions, which are located in the offshore region of West Nile Delta, some 40 kilometers off the coast of Egypt, RWE Dea said in an emailed statement.
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about 16 years ago
RWE, BP To Jointly Invest 9B dollar In 2 Egypt Offshore Gas Fields
RWE Dea, the gas and oil exploration and production unit of German utility RWE AG, said Monday it will jointly invest $9 billion in the development of two offshore gas fields in Egypt with project operator BP PLC (BP). The investment will be made for the development of the North Alexandria and West
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