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Adnoc Collaborates with BP to Form New Gas Joint Venture

The new joint venture in Egypt will be 51 % owned by BP and 49 % by Adnoc. With this move, the joint venture is expected to grow a highly competitive gas portfolio by combining the deep technical capabilities and track records of both the firms. ....

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ADNOC And bp To Form Gas Joint Venture

ADNOC And bp To Form Gas Joint Venture
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bp and ADNOC form Egypt joint venture

ADNOC and bp are forming a joint venture (JV) in Egypt which is expected to complete in the second half of 2024. ....

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ADNOC, bp form Egyptian natural gas joint venture

Bp will contribute its interests in three development concessions, as well as exploration projects in Egypt to the venture, according to a statement. ADNOC will provide cash to help fund future growth opportunities, the company said, without providing a value. ....

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Here's why ADNOC is teaming up with BP for Egypt gas venture

ADNOC Group and BP said the deal, which is subject to regulatory approvals, is likely to be completed in the second half of this year. ....

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