A bp and XRG company
Our goal in Egypt is to be a key long-term energy partner supporting the country’s development needs.
The formation of Arcius Energy brings together the strengths of bp and XRG, having worked successfully together for over five decades.
Together, we can build on our longstanding track record of applying technical expertise and safely and efficiently operating major energy infrastructure in Egypt, to further unlock the economic potential of the Arab world’s most populous country.
We plan to explore opportunities internationally – and now with this dynamic new platform, are strategically positioned to grow a highly competitive portfolio – in a drive to meet global demand, empower lives and enable development.
DEVELOPING EGYPT'S GAS FIELDS
Our initial focus will be on two development concessions in the Southeastern Mediterranean, as well as on exploration.
We look forward to assessing and further developing these fields to unlock their full potential. Our technical expertise and agile ways of working will drive efficiencies, minimise costs and enable disciplined delivery.
OUR CONCESSIONS IN EGYPT
OUR CONCESSIONS IN EGYPT
Shorouk
Containing the producing Zohr field, and operated by Belayim Petroleum (Petrobel)
North Damietta
Containing the producing Atoll field, and operated by Pharaonic Petroleum Company (PhPC)
North El Tabya, Bellatrix-Seti East and North El Fayrouz
With exploration concession agreements.