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Shares of BP Plc. (NYSE ADR: BP) were down 1.3% this morning on declining oil prices. However, over the weekend the company announced that it will invest $12 billion in Egypt to produce roughly 3 billion barrels of oil. The agreement between the energy giant and the Cairo government centers on exploration opportunities in the West Nile Delta, East Nile Delta operations, and development opportunities in the Gulf of Suez.