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BP and ADNOC's XRG form Arcius Energy, a joint venture to develop Egypt's natural gas assets.
BP and ADNOC's XRG have completed their joint venture, forming Arcius Energy, to develop natural gas assets in Egypt.
Arcius Energy, owned 51% by BP and 49% by XRG, aims to grow a competitive gas portfolio, supporting Egypt's energy security and economic development.
The venture combines BP's technical expertise with XRG's operational strengths, focusing on gas fields in Egypt and exploring new opportunities in the region.
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El XRG de BP y ADNOC forma Arcius Energy, una empresa conjunta para desarrollar los activos de gas natural de Egipto.