Egypt, BP Talk Giza, Fayoum Development
Egypt's Minister of Petroleum, Tarek El Molla, has met with BP Upstream CEO Bernard Looney to discuss the status of the development of Giza and Fayoum fields.
BP | Egypt Oil & Gas - Part 14
Libyan Crude Output Marred by Security Concerns
The deteriorating security situation around Libya’s largest oil field, Sharara, has caused the country's crude oil output to fall once again.
NIOC-Owned North Sea Field Given US Sanctions Waiver
The US Office of Foreign Assets Control (OFAC) has issued a waiver that will allow the bypassing of US sanctions placed on the Rhum gas field in the UK’s North Sea, which is 50% owned by the National Iranian Oil C ...
Eni, BP and NOC Sign Deal to Resume Libyan Exploration
Eni, BP, and the National Oil Company (NOC) have signed a Letter of Intent (LOI) for an Exploration and Production Sharing Agreement (ESPA) in Libya to boost in-country exploration and development activities.
SDX Confirms Acquisition Talks for BP’s Egypt Assets
SDX Energy has opened talks with BP regarding the acquisition of "a significant package of assets in Egypt".
Oil Ministry Signs Three Exploration Agreements Worth $139.2M
Oil minister Tarek El Molla has signed three new exploration contracts to drill 15 wells in the Mediterranean and the Western Desert with an investment budget of $139.2 million and a $55 million signing grant.
EGPC, BP Sign $46M Gulf of Suez E&P Deal
The Egyptian General Petroleum Corporation (EGPC) and BP have signed a $46 million oil and gas exploration and production (E&P) deal for the Eastern Ramadan area in the Gulf of Suez.
El Molla Represents Egypt at World Gas Conference
Minister of Petroleum Tarek El Molla is currently representing Egypt at the 27th World Gas Conference (WGC 2018), which is taking place in Washington DC from June 25-29.
TAQA Arabia and Castrol Establish New Joint Venture
Qalaa Holdings has announced the establishment of a new joint venture between its subsidiary TAQA Arabia and BP subsidiary Castrol with EGP 20 million capital.
Oman Oil to Sell 10% Stake in Khazzan Gas Field
State-run Oman Oil plans to sell a 10% stake in the Khazzan natural gas field amid a restructuring of the company's business model.
