BP | Egypt Oil & Gas

Iraq Ministry Of Oil, bp Enters Into Agreement to Develop Four Fields

The Iraq’s Ministry of Oil, represented by the North Oil and North Gas Companies, signed a contract with bp with initials to develop four fields.

Fayoum 5 Exploration Well Findings Indicate Potential Natural Gas Discovery by bp in Mediterranean

The initial results of the Fayoum 5 exploration well located in North Alexandria, which is in the west of the Mediterranean, showed the presence of a gas-bearing layer, and electrical recordings are being made in ...

Badawi Emphasizes Importance of Regional Cooperation During bp Meeting

Minister of Petroleum and Mineral Resources Karim Badawi met with Nader Zaki, bp's Regional President for the Middle East and North Africa; and Wail Shaheen, the company's Vice President for Egypt.

The meet ...

bp Starts Production From Raven Second Development Phase

bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its existing onshore infrastruct ...

Arcius Eyes Expanding its Business in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi received Nasser Al-Yafei, the CEO of Arcius company which is the joint venture between bp and XRG in Egypt.

bp to Invest Up to $25B in Kirkuk Fields

bp plans to spend between $20 to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields through a profit-sharing agreement that would last more than 25 years, a senior Iraqi oil off ...

bp Forecasts Profit Decline in Q4 Results Amid Weak Production, Refining Margins

bp has released its fourth quarter guidance for 2024 expecting a decline in profit from the previous three months due to lower production, weak refining margins and sluggish trading.

bp Adds 2 Wells to Production, Launches Exploration Operations at Elking Offshore Egypt

The Ministry of Petroleum and Mineral Resources (MoPMR) announced the successful drilling and completion of two additional wells in the Raven gas Field operated by bp at West Nile Delta (WND) Concession, utilizing ...

bp Achieves First Gas Flow at Greater Tortue Ahmeyim LNG Project

bp has started gas flow from wells at the Greater Tortue Ahmeyim (GTA) Phase 1 liquefied natural gas (LNG) project to its floating production storage and offloading (FPSO) vessel for the next stage of commissionin ...

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 ...

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