Egypt Signs Four Cooperation Agreements to Train Youth
Egypt signed four cooperation agreements with a number of international oil companies (IOCs), including Apache, BP, ENI and Kuwait Energy to train young and middle management calibers.
BP | Egypt Oil & Gas - Part 12
Egypt to Drill Two New Gas Wells in North Damietta
The Ministry of Petroleum and Mineral Resources is preparing to drill two new wells in the Mediterranean fields of Atoll and Katameya in the North Damietta offshore concession with about $289 million in investment ...
BP Oman Completes 69% of Ghazeer CPF
BP Oman announced that progress in constructions works in the Central Processing Facility (CPF) at the Ghazeer project has reached 69%.
Zohr Production More Than Triple in H1
Production at the Zohr natural gas mega field surged in H1 2019 to reach a total of 11.3 billion cubic meters, increasing by 3.6 times compared to a year earlier.
BP Targets 500 MMSCF/D in South Baltim Gas Project
BP is targeting to produce 500 million standard cubic feet per day (mmscf/d) of natural gas from its new discovery in the Baltim South Development Lease.
Eni, BP Sign EPSA For Block 77 Onshore Oman
Eni and BP have entered into a gas Exploration and Production Sharing Agreement (EPSA) for Block 77 with the Government of Oman.
BP Raises Saudi Oil Reserve Estimitates by 12%
BP has increased the estimates for crude oil reserves in Saudi Arabia by 12% to roughly 298 billion barrels by 2018-end.
Eni, BP to Export Gas Through Idku Liquefication Plant
The Ministry of Petroleum has allowed Eni and BP to export natural gas produced from Zohr and North Alexandria through the Idku Liquefaction Plant, after meeting the local market needs.
Dragon Oil Acquires BP’s Stake in GUPCO
Dragon Oil has reached a full agreement with BP for the acquisition and the deal is expected to be completed after obtaining the Egyptian Ministry of Petroleum’s approval in H2 2019 following the necessary procedu ...
GUPCO Deal to Add 70,000 b/d to Dragon Oil Portfolio: CEO
The $600 million transaction is a part of Dragon Oil's $13 billion expansion plans, of which $500 million are allocated for acquisition transactions in 2019.
