BP has a long and successful track record in Egypt stretching back for over 55 years with investments of more than $35 billion - making BP one of the largest foreign investors in the country.
BP continues to play a key role in unlocking Egypt’s energy potential and efforts to grow production safely, reliably and efficiently. BP is on track to triple its 2016 net production in Egypt by 2020 through delivery of major projects.
BP currently produces, with its partners, close to 60% of Egypt’s gas production through the joint ventures the Pharaonic Petroleum Company (PhPC) and Petrobel in the East Nile Delta as well as through BP’s operated West Nile Delta fields.
BP is also committed to a wide-range of social development programs and investment in the country’s people capabilities.
More information about BP is available at www.bp.com