WE, BP to Jointly Invest $9B in Egypt Offshore Gas

Maritime Activity Reports, Inc.

July 19, 2010

According to a July 19 report from The Wall Street Journal, Frankfurt (Dow Jones)--RWE Dea, the gas and oil exploration and production unit of German utility RWE AG (RWE.XE), said it will jointly invest $9b in the development of two offshore gas fields in Egypt.

(Source: The Wall Street Journal)

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