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PICO, KUFPEC plan to inject $119.5M investments into Gulf of Suez

PICO International Petroleum and the Kuwait Foreign Petroleum Exploration Company (KUFPEC) are planning to invest $119.5 million within the coming five years to scale production up at the Geisum and Tawila West concession in the Gulf of Suez.

Updated 11/7/2023 7:48:00 AM