BP

  • Wintershall Dea, BP get Approx 600 mmscf/d of Gas from Raven Field

    Wintershall Dea, BP get Approx 600 mmscf/d of Gas from Raven Field

    Monday, 26th April 2021

    Wintershall Dea and operator BP could  get a gross production of gas from Raven, the fifth field of the offshore West Nile, estimated approximately at 600 million standard cubic feet of gas per day (mmscf/d). At its peak, the Raven field is expected to deliver a gross production of 900 mmscf/d and approximately 30,000 barrels of condensate per day (gross production).

  • BP Strikes Oil in Gulf of Mexico

    BP Strikes Oil in Gulf of Mexico

    Thursday, 15th April 2021

    BP has made a new oil discovery at Green Canyon Block 821 in the Puma West prospect in the deepwater US Gulf of Mexico.

  • BP to Hit $35 B Net Debt Target Ahead of Schedule

    BP to Hit $35 B Net Debt Target Ahead of Schedule

    Tuesday, 6th April 2021

    BP expected to hit $35 billion net debt target including the delivery of sale proceeds and performance in the Q1 of 2021, according to BP’s press release.

  • San Misr Revenues Increase 30% in 2020

    San Misr Revenues Increase 30% in 2020

    Monday, 29th March 2021

    The Egyptian Maintenance Company (San Masr) achieved a growth rate of EGP 6.6 billion, an increase of 30% over 2019, Mohamed Shimy, Chairman of the company, stated during San Misr’s general assembly.

  • BP Launches Share Award Program for its Employees

    BP Launches Share Award Program for its Employees

    Wednesday, 17th February 2021

    BP company announced that it is launching its first share award program for its employees who are more than 60,000, motivating them to support its plan of renewable energy transition.

  • El Molla Discusses Cooperation Projects with BP

    El Molla Discusses Cooperation Projects with BP

    Tuesday, 16th February 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, received a delegation from BP British Company to discuss the cooperation projects between petroleum sector and Bp in Egypt and to review the development of the international oil and gas prices within the challenges of COVID-19.

  • Lightsource BP Complete $380 MM Financing Package for Solar Projects

    Lightsource BP Complete $380 MM Financing Package for Solar Projects

    Wednesday, 27th January 2021

    Lightsource BP company announced it has successfully completed the financing package of $380 million for Elm Branch and Briar Creek solar projects in Texas.

  • BP Completes First Well Stimulation in Ghazeer field

    BP Completes First Well Stimulation in Ghazeer field

    Thursday, 24th December 2020

    BP Oman has successfully completed the first well stimulation on Block 61 by Abraj Energy Services in the Ghazeer field.

  • Hilcorp Energy Acquires BP’s $5.6 B Business in Alaska

    Hilcorp Energy Acquires BP’s $5.6 B Business in Alaska

    Sunday, 20th December 2020

    Hilcorp Energy has finally completed its $5.6 billion acquisition of BP business in Alaska, taking over BP's run of 60 years in operation.

  • Parliament Approves Draft Laws for New E&P Agreements

    Parliament Approves Draft Laws for New E&P Agreements

    Wednesday, 16th December 2020

    The House of Representatives approved a law authorizing the Minister of Petroleum and Mineral Resources (MoP) to contract for exploration and production (E&P) projects across the republic.