BP, Mubadala Purchase 45% Stake in Eni’s Noor Concession
Egypt has approved the sale of a 25% stake in Eni's offshore exploratory Noor concession to BP.
Egypt has approved the sale of a 25% stake in Eni's offshore exploratory Noor concession to BP.
UAE's Mubadala company reached an agreement to buy a 20% stake in the Noor offshore concession from Eni.
Tharwa Petroleum Company is waiting for official approval for exploration and production (E&P) in the Noor concession in order to start drilling work.
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