bp and ADNOC investment company XRG have completed the formation of their new international gas platform joint venture Arcius ...

The joint venture, Arcius Energy, is 51% owned by BP and 49% owned by XRG. It will operate in Egypt initially. Naser Saif Al ...

New international energy investment company XRG and BP have completed the formation of Arcius Energy, an international gas platform joint venture (JV). BP holds a 51 percent ownership while ADNOC ...

BP and XRG's new joint venture, Arcius Energy, will focus on building a competitive gas portfolio in Egypt. Formed in February 2024, Arcius Energy is 51% owned by BP and 49% by XRG, ADNOC’s ...

BP plc (BP) and XRG, the international energy investment arm of ADNOC, have officially launched their new joint venture, Arcius Energy, following the financial closure of the deal. The platform ...

XRG, ADNOC’s international energy investment company, and bp, establish new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt ...

Arcius will start operations in Egypt, which includes interests assigned by BP across two development concessions, as well as exploration agreements, and aim to expand to other countries in the future ...

Arcius 51% owned by BP, 49% Adnoc Venture to begin operations in Egypt Former Adnoc VP appointed CEO BP and XRG, the new ...

The joint venture, Arcius Energy, is 51% owned by BP and 49% owned by XRG. It will operate in Egypt initially. Naser Saif Al Yafei, an ADNOC veteran, was hired as Arcius' chief executive.