BP | Egypt Oil & Gas

Trinidad and Tobago Signs Production Sharing Agreement with bp for Offshore Gas Block

Trinidad and Tobago signed a production sharing agreement with a subsidiary of bp for the exploration and production of natural gas in a shallow water block known as NCMA 2 in the North Coast Marine Area at depths ...

TotalEnergies, bp, Equinor, Shell Commit $500M to Enhance Global Energy Access

Oil and gas giants TotalEnergies, bp, Equinor, and Shell have pledged $500 million to improve access to affordable energy, with a primary focus on sub-Saharan Africa and south and southeast Asia.

bp Reports $2.3B Quarterly Profit, Lowest in Nearly Four Years

bp has reported a decrease in profit for the third quarter of 2024 of 30% to $2.3 billion, marking the lowest quarterly profit in nearly four years.

TechnipFMC Secures iEPCI™ Contract for BP’s Greenfield Kaskida Development in Gulf of Mexico

TechnipFMC secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract for BP’s greenfield Kaskida development in the Gulf of Mexico. The scope of work covers the design and ma ...

bp Outlines Plans to Accelerate E&P Operations in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has met with bp CEO Murray Auchincloss to discuss the company’s plans to accelerate the exploration and production (E&P) operations in its concession areas ...

bp Sells Minority Stake in Trans Adriatic Pipeline to Apollo for $1B

bp has signed a $1 billion deal with Apollo-managed funds to purchase a non-controlling stake in bp Pipelines TAP Limited, a subsidiary of bp that holds a 20% share in Trans Adriatic Pipeline AG (TAP).

bp Announces Progress in Raven Field Development Amid $700 Million Investment

Regional President of British Petroleum (bp ) in the Middle East and North Africa, and President of British Petroleum (bp ) in the Middle East and North Africa, Nader Zaki, revealed the progress of the ongoing wor ...

bp Signs MoU with Iraq to Explore Redevelopment in Kirkuk Region

bp has signed a memorandum of understanding (MoU) with Iraq to negotiate a material-integrated redevelopment program for the Kirkuk region, including oil and gas investment, power generation, and solar along with ...

Badawi Commends bp’s Role in Egypt, Urges Enhanced Cooperation

Minister of Petroleum and Mineral Resources Karim Badawi has met with bp's Executive Vice President William Lane, along with his delegation in New Alamein City with whom he reviewed bp's activities in Egypt, which ...

bp Reports $2.8B in Profits During Q2 2024, Surpassing Forecasts by 9%

bp has announced profits of nearly $2.8 billion in the second quarter of 2024 (Q2 2024), surpassing analysts' forecasts by 9%, due to higher oil prices and solid retail earnings, which compensated for the impact o ...

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