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Adnoc and bp have agreed to form a new joint venture (JV) in Egypt. The JV (51 per cent bp and 49 per cent Adnoc) will combine the pair’s deep technical capabilities and proven track records as it aims to grow a highly competitive gas portfolio.
British energy giant's tie-up with state-owned company will focus on gas fields in Egypt
ADNOC and bp are forming a new joint venture in Egypt, to develop gas assets
Get latest articles and stories on World at LatestLY. A long-term contract for LNG Sale and Purchase Agreement was signed on Tuesday between India's state-run oil and gas company 'Petronet LNG' and Qatar's 'Qatar Energy'. World News | India's Petronet, Qatar Energy Sign Long-term Contract for LNG Sale, Purchase Agreement.
Sinopec and BP will strengthen cooperation in areas including fuel sales, oil and gas trading, marine fuel and upstream activities. The partnership will open new opportunities in China’s low-carbon sector.