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 Energy has opened talks with BP regarding the acquisition of "a significant package of assets in Egypt".
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.
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.
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.
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.
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.
BP has invested a total of EGP 80 million into health and education services in the Edku and Rosetta regions.
Egyptian Minister of Petroleum Tarek El Molla met with BP's Head of Supply and Trading, Alan Haywood, to form a joint committee that will study opportunities for future cooperation.
The Egyptian Cabinet has approved a decree allowing Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian General Petroleum Corporation, the Italian Egyptian Oil Company ...
