BP | Egypt Oil & Gas

XRG, bp Complete Deal to Establish New JV Operating in Egypt

XRG and bp announced they have reached financial close and completed formation of their new joint venture (JV) and international natural gas platform – Arcius Energy.

Arcius Energy, initially to operate in ...

Equinor, bp, TotalEnergies Finalize Deal in UK’s First CCS Projects

Equinor, in partnership with bp and TotalEnergies, have reached the final investment decision for two of Britain’s carbon capture and storage (CCS) projects in northern England.

MoPMR and bp Conclude Intensive UK Training Program for Future Energy Leaders

The Young and Middle Management Program of the Ministry of Petroleum and Mineral Resources (MoPMR) , in cooperation with bp company successfully completed an intensive one-month training program in the UK.

Badawi Tours bp Headquarters to Discuss Future Operations in Egypt

As part of his visit to the UK, Minister of Petroleum and Mineral Resources Karim Badawi held a tour visit to the bp’s headquarters in Sunbury, UK, accompanied by Moataz Atef, the Undersecretary for the Minister’s ...

Prime Minister Madbouly Emphasizes Strategic Partnership with bp in Oil and Gas Sector

The Prime Minister explained that in addition to the important projects implemented by the company in the Egyptian market over the years, the company has an ambitious plan to explore oil and gas from six concessio ...

Egypt, bp Explore Renewable Energy Development

Egyptian President Abdel Fattah El-Sisi met with Murray Auchincloss, CEO of bp, in the presence of Karim Badawi, Minister of Petroleum and Mineral Resources, and Nader Zaki, the company's regional president for th ...

Saipem Secures Major Offshore Services Contract in Indonesia

Saipem has secured an offshore EPCI contract along with its consortium partner PT Meindo Elang Indah, for BP’s Tangguh UCC Project located in Papua Barat Province, Indonesia.

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.

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