British energy giant BP unveiled plans Friday to invest a record $12 billion in Egyptian gas fields with Russian partner DEA in a "vote of confidence" for the troubled nation.
The investment -- equivalent to 11 billion euros -- will be on the West Nile Delta (WND), the company said in a statement, and comes despite concern over a surge in deadly militancy in Egypt.
The London-listed group holds a 65-percent stake in the project, while DEA owns the remaining 35 percent.
