BP has struck a deal with the UAE’s state-owned oil company as the British energy giant deepens ties to the Middle East. BP is to form a joint venture with the Abu Dhabi National Oil Company (Adnoc) focused on production from two massive Egyptian gas fields. Under the deal, BP will transfer interests in three...
Adnoc Distribution, the UAE’s largest fuel and convenience retailer, has opened three service stations in Greater Cairo and plans to launch another six in Egypt by the end of 2023 as part of its international expansion plans. This is the first time the company has opened its Adnoc branded service stations in Egypt. The move...