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 | Egypt Oil & Gas - Part 17
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.
BP Seeks Approval to Sell GUPCO’s Stake
The Ministry of Petroleum will issue the approvals after Dragon Oil confirms its commitment to the new terms of agreement with BP in GUPCO's concessions.
BP to Sell Egyptian Stake to Dragon Oil
The transaction is set to take place in the coming weeks and would be the end of BP's 50 years journey in the Gulf of Suez Petroleum Company (GUPCO).
BP to Boost Production from Giza, Fayoum Fields to 700 mmscf/d
BP plans to add 300 million standard cubic feet per day (mmscf/d) from Giza and Fayoum natural gas fields to production.
