Gulf players expand in Africa, seeking low-carbon profits

In depth
Issue 502 - 18 Mar 2024 - By James Gavin | 10 minute read

A deal between Abu Dhabi giant Adnoc and UK major BP to coinvest in Egyptian gas assets highlights how wealthy Gulf national oil companies are actively seeking potentially highly lucrative lower-carbon expansion opportunities across Africa, where NOCs from Qatar and Kuwait are among those also exploring opportunities, writes James Gavin.

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Pin Resources, Strategy & risk

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