Enprox Overseas / News

APA, Sinopec to recover $900MM of “backlogged costs” in Egyptian project

(Bloomberg) –APA Corp. and its Chinese partner in an Egyptian oil project will recover almost $900 million in prior investments under a new drilling contract with the North African nation. APA was the day’s best performer in the S&P 500 Index.

Source: www.worldoil.com
Author: Gerson Freitas Jr.