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 ...

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 ...

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 ...

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 ...

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.

bp and XRG have reached financial close and completed formation of their new joint venture and international natural gas platform – Arcius Energy. Announced in February 2024, Arcius Energy is 51 ...

XRG, ADNOC’s transformative energy investment company, and bp have completed the formation of their new joint venture, Arcius Energy, a platform aimed at developing a competitive natural gas ...