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    Reuters: BP to Pay Some Exploration Costs for UAE's Dana Gas in Egypt

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Summary

BP and the UAE company Dana Gas have signed an agreement that will see BP pay up to $39 million for exploration drilling in Egypt's El Matriya concession

by: Erica Mills

Posted in:

Press Notes, Africa

Reuters: BP to Pay Some Exploration Costs for UAE's Dana Gas in Egypt

The United Arab Emirates' Dana Gas has signed an agreement for BP to pay for part of its exploration costs in the El Matriya onshore concession area in Egypt, the UAE firm said on Tuesday.

Read the full article HERE.