Beiruti private equity fund hints that Egyptian oil is next big thing

Beirut-based private equity fund EuroMena II has invested $20 million in Sakson Petroleum Services Holding S.A.L., a Lebanese-registered provider of oil and natural gas drilling services based in Egypt. In a statement Tuesday, Capital Trust Group, the owners of EuroMena II, said that the investment is aimed at increasing the capital of Sakson Petroleum. 

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