BP | Egypt Oil & Gas - Part 12

BP Entrusts Projects in Mauritania, Sengal to Petrofac

Petrofac company announced that it has been awarded a contract to develop operational procedures for BP Greater Tortue Ahmeyim (GTA) project in Mauritania and Senegal.

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

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 i ...

BP Strikes Oil in Gulf of Mexico

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 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

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 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

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 develop ...

Lightsource BP Complete $380 MM Financing Package for Solar Projects

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

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