BP | Egypt Oil & Gas

Badawi Unveils 5-Year Production and Investment Plan in Meeting with IOCs

Karim Badawi, Minister of Petroleum and Mineral Resources, held an expanded meeting with leaders of international oil and gas companies (IOCs) operating in Egypt to discuss a five-year roadmap to intensify explora ...

bp Expects Flat Q4 Upstream Production Amid Revenue Pressure

bp, the British energy major, revealed that its upstream production in the Q4  2025 is expected to be broadly in line with the previous quarter, according to company guidance, with stable output in oil production ...

bp Commits to Increase Investments in Egypt

UK Energy giant, bp, reaffirmed its commitment to boosting investments in Egypt, accelerating drilling programs, and turning discoveries into actual production on an accelerated pace.
bp has an ambitious pla ...

Britain Exempts Zohr Field From Russia Sanctions

Britain added Egypt's Zohr gas field to a list of projects exempt from its Russia sanctions on December 18, according to Reuters. The exemption applies to the Mediterranean field where Russian oil major Rosneft ho ...

bp’s RC Profits Record $2.2bn in Q3 2025

bp, the leading energy giant, announced that its underlying replacement cost profit (RC profit) recorded $2.2 billion in the third quarter (Q3) of 2025, compared to $2.4 billion in Q2 2025 and $2.26 in Q3 2024.

Badawi Accelerates E&P Projects, Strengthens IOC Ties at ADIPEC 2025

Karim Badawi, Minister of Petroleum and Mineral Resources met with SLB, bp, Halliburton, and Baker Hughes CEOs at ADIPEC to advance key projects. Discussions focused on the East Med seismic survey, accelerating Ra ...

bp Sells Minority Stakes in US Midstream Assets to Sixth Street for $1.5 Billion

bp has reached an agreement with Sixth Street-managed funds for the sale of non-controlling interests in its Permian and Eagle Ford midstream assets. The transaction is valued at $1.5 billion and will be executed ...

Iraq Launches Kirkuk Fields Development Project to Boost Oil, Gas Output

Iraq’s Ministry of Oil highlighted that the Kirkuk Fields Development Project will raise oil and gas production and curb flaring through effective investment, with the Ministry noting that it will also help drive ...

bp Confirms Gas Condensate Discovery in Namibia, its 11th Find in 2025

bp confirmed a significant gas condensate discovery at the Volans-1X exploration well in Namibia’s Orange Basin, marking the company's eleventh exploration success this year. The well, drilled in Petroleum Explora ...

bp, Eni Extend Baltim East Lease Offshore Nile Delta

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Italian Eni and UK bp to extend the development lease for the Baltim East field in Baltim area offshore the Nile Delta region. Under t ...

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