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Maroc Maroc - ENERGY PEDIA.COM - 10/Feb 06:33

Egypt: United Energy Group acquires APEX

United Energy Group (UEG), has signed a 'Sale and Purchase Agreement' with Apex International Energy to acquire Apex's upstream oil and gas exploration and production operations in Egypt. After the completion of the transaction, UEG's gross production in Egypt in 2024 will reach 39,000 barrels of oil equivalent per day (boe/d), enabling it to rank among the top ten oil and gas producers in Egypt.

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