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FINANCIAL NEWS
British Petroleum to invest heavily in Middle East
13 Oct 2015
(MENAFN) British Petroleum (BP), the British multinational oil company focusing on presenting technology developed in the US for shale fields and deploying it in the Middle East.
The firm has stressed that its ability has developed to meet facing challenges which consist of oil and gas becoming more difficult to extract, plus low prices putting pressure on costs.
British Petroleum made it very clear that it had and still will have and sustain a profound commitment to the Middle East’s future as one of the world’s oil and energy heartlands.
Moreover, the new reservoir management techniques, water injection treatments and well sites could be repeatable and adaptable through the whole of the Middle East region.
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