BP | Egypt Oil & Gas

bp Reports 131.88% Surge in Net Profit in Q1 2026

British Petroleum (bp) reported a first-quarter (Q1) profit of $3.2 billion on April 28, more than doubling its year-on-year (YoY) performance and beating analyst expectations by 20%, Reuters reported. The British ...

bp Sees Stable Upstream Output, Strong Trading Boost in Q1 2026

bp reported that upstream production in the first quarter (Q1) of 2026 is expected to remain broadly stable compared with the fourth quarter (Q4) of 2025, at 2.344 million barrels of oil equivalent per day (mmboe/ ...

Badawi Inspects Valaris DS-12 as bp,Arcius Launch New Mediterranean Drilling Campaign

Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the Valaris DS-12 drilling vessel, which has recently entered Egypt's territorial waters to begin a five-well natural gas exploration program in ...

ARCIUS Energy, bp Start Offshore Gas Drilling in Mediterranean

ARCIUS Energy and bp are set to begin offshore gas drilling operations in the Mediterranean Sea, following the arrival of the drillship Valaris DS-12 in Egypt to support the development of new exploration wells.

Harbour Energy Briefs Badawi on Developments in Dissouq field

Ezz, the first well in Harbour Energy’s recent gas discovery at the Dissouq field, has been brought into production, lifting the field’s gas and condensate output to about 14,000 barrels of oil equivalent per day ...

bp Reports $3.4 Bn Loss in Q4 2025 and Suspends Share Buybacks

The British energy company, bp, reported a loss for the fourth quarter (Q4) 2025 worth $3.4 billion, a significant decline from the $1.2 billion profit recorded in the third quarter. Following these results, the b ...

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 ...

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