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IS - BP’s Ras Shouqair flow 61,700 bo/d ahead of sale to Dragon - September 2019
Gulf of Suez Petroleum Co.,a 50:50 JV of BP and Egypt’s state-ownedEGPC,reported a 61,700 bo/d average production rate from the Ras Shouqair field offshore Egypt in the Gulf of Suez for its fiscal 2019, which ended June 30. In June, BP announced it was selling its GUPCO stake to Dragon Oil, a subsidiary of Dubai’s Emirates National Oil Co. That deal is expected to close before year’s end, leaving Dragon to carry on BP’s......
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