Post Tagged with: "backlogged costs"

Source: Reuters

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

World Oil 

(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 …

December 28, 2021 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance