Rashid Petroleum

  • $1m new investments to develop the gas field of Rashid

    $1m new investments to develop the gas field of Rashid

    Tuesday, 11th January 2011
    Egyptian Ministry of Petroleum Eng. Sameh Fahmy received a report from Eng. Rafaat El-Beltagy, Chairman of Rashid Petroleum Company (Rashpetco), which included that BG allocated $850m for drilling seven developmental wells in the deepwater of the Mediterranean Sea.