A bp and XRG company
We are a new joint venture and regional natural gas platform.
A partnership formed by bp and XRG – two of the world’s leading energy corporations, with unique technical expertise and proven abilities to deliver natural gas, an important fuel for the energy transformation.
Starting in Egypt, our mission is to responsibly contribute to the transformation of considerable natural gas assets to meet growing domestic energy demand – and to contribute to energy security and economic development in the region.
We believe that lower carbon natural gas can support the energy transition and provide customers with the energy they need to thrive.
Building on a 50-year strategic partnership
Arcius will bring together the unique strengths and capabilities of bp and XRG to unlock the future of natural gas.
About bp
bp is an integrated global energy company, headquartered in London.
Delivering energy products & services to customers around the world, bp is looking to increase ways to help drive the transition to a lower carbon future.
Read about bp here
About XRG
XRG is a transformative international energy investment company, focused on lower-carbon energy and chemicals, and headquartered in Abu Dhabi. Wholly owned by ADNOC, XRG has an enterprise value of over $80 billion.
Its portfolio includes interests in industry-leading companies that are meeting rapidly increasing global demand for lower carbon energy and the chemicals that are essential building blocks for products central to modern life.
Read about XRG here
OUR MANAGEMENT TEAM
The Arcius management team includes highly experienced leaders from both ADNOC and bp. Their guidance and leadership will ensure the partnership is able to deliver its goals.
Naser Saif Al Yafei
Chief Executive Officer
Mr. Naser Al Yafei brings extensive technical and operational leadership experience – and most recently led strategy, sustainability and transformation at ADNOC Gas. He holds an MBA from the University of Strathclyde and degrees in chemical engineering and diplomacy and international relations.
Read more in the bio here
Katerina Papalexandri
Chief Finance Officer
Ms. Katerina Papalexandri brings extensive gas value chain and joint venture management experience – most recently as the Vice President for Caspian Gas Business Development at bp. She has a PhD in chemical engineering from Imperial College, London.
Read more in the bio here