Delta has been active in the oil and gas sector since early 1990’s. Although our investment strategy has been focused primarily on the Exploration & Production sector, several downstream projects were initiated and evaluated in recent years. One of those projects was initiated in 2005 in partnership with BP plc’s petrochemicals and refining subsidiary, Innovene, for a major investment in Saudi Arabia’s petrochemical sector. The project was later abandoned following the sale by BP of its petrochemical business, however Delta remains committed to seek opportunities throughout the energy value chain, capitalising on the abondance of natural resources in our region and our ambition to contribute to the economies of our host countries.