A bp and XRG company
PRESS RELEASES
01/04/2026
Arcius Invests Up To Half a Billion Dollars to Develop the Harmattan Field
Arcius has announced the Final Investment Decision (FID) to develop the Harmattan gas field in the El Burg Offshore concession area, a significant step toward executing one of its first projects in Egypt. The investment, estimated at approximately half a billion USD, will help support and increase natural gas production to meet domestic market needs.
5/11/2025
Arcius to Expand Regional Gas Footprint with Acquisition of Egypt’s Harmattan Field in the Eastern Mediterranean
Strategic acquisition for Arcius as it starts to deliver on its growth ambitions in the Eastern Mediterranean while supporting regional energy security and economic development
16/12/2024
bp and XRG launch new international gas platform: Arcius Energy
Arcius Energy will initially focus on development of natural gas assets in Egypt. The joint venture offers a platform to strengthen 50 years of partnership, complementing the companies’ strategic growth plans. This platform will play a significant role in enhancing Egyptian energy security and economic prosperity.
