BP | Egypt Oil & Gas

BP | Egypt Oil & Gas

Baker Hughes Wins bp Contract to Boost North Sea Production

Baker Hughes has secured a contract from British Petroleum (bp) to provide offshore well stimulation and production enhancement services across bp’s UK North Sea operations, supporting both new well development an ...

bp to Sell Brazilian and Gulf of Mexico Exploration Assets to Shell

bp has agreed to sell exploration stakes in Brazil’s Santos Basin and the Gulf of America to Shell, while retaining operatorship of both assets as part of its portfolio optimization strategy.

bp Appoints Ian Tyler as New Chair Amid Strategic Reset

British Petroleum (bp) has appointed Ian Tyler as Chair of the company following an extensive search process, including both internal and external candidates. He will assume the role immediately.

bp Begins Fayoum-4 Well Production, Adding 80 mmcf/d to Egypt’s Gas Supply

British Petroleum (bp) has started production from the Fayoum-4 well in Egypt’s West Nile Delta, adding an estimated 80 million cubic feet per day (mmcf/d) of natural gas to the domestic market.
The well’s p ...

Reuters: Energean Eyes bp’s Egyptian Oil and Gas Assets

Energean, a London-based independent exploration and production company, is in exclusive talks to acquire some of British Petroleum (bp)’s upstream oil and gas assets in Egypt in a deal that could reach $1 billion ...

Venezuela Awards Gas License to bp, XRG, and UCC

Venezuela has awarded a license to BP, XRG, and UCC Holding to develop the second phase of the Loran offshore gas field, as Caracas seeks to attract foreign investment and expand natural gas production.

bp Q2 Profit Surges 144%, Highlights Off-Shore Egypt Gas Discoveries

British Petroleum (bp) reported an underlying replacement cost (RC) profit of $5.73 billion for the second quarter (Q2) of 2026, up 144% year-on-year (YoY) , according to a press release by bp.

bp Starts Process to Sell North Sea Assets

British Petroleum (bp) is launching a process to market its North Sea business for a potential sale, as part of its ongoing portfolio review and its approach to capital allocation for creating a simpler, stronger, ...

bp Sells 15% Interest in Iraq’s Kirkuk Oil and Gas Business to TPAO

British Petroleum (bp) has sold 15% of its working interest in its subsidiary in Iraq, BP Energy Company of Kirkuk Limited (BP ECKL), that operates a series of oil and natural gas fields to Türkiye Petrolleri Anon ...

bp in Talks to Sell Lightsource to Kuwait-Backed Consortium

British Petroleum (bp) is having late-stage talks to sell its Lightsource solar energy unit to a consortium backed by Kuwait’s sovereign wealth fund, as bp is focusing on oil and gas to boost returns, Reuters repo ...

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