BP Makes New Oil and Gas Discovery Off Egypt

Oil major BP has made a new oil and gas discovery in Egypt’s King Mariout Block in the Mediterranean Sea, Egypt’s Prime Minister Mostafa Madbouly said on Wednesday in a televised press conference.

Further details about the discovery will be announced soon, Madbouly added.

(Reuters – Reporting by Momen Saeed Attallah Writing by Nayera Abdallah, Editing by Mark Potter)