BP | Egypt Oil & Gas - Part 23
Egypt to Develop 5 New Oil, Gas Fields by 2019
A plan has been set by the Egyptian government to start developing five new oil and gas fields in Egypt, from the third quarter of 2017 until 2019. The five fields are named: Taurus, Libra, Giza, Fayoum, and Raven.
Rosneft-BP JV to Explore for Oil in Russia
Russia’s state-owned oil company, Roseneft, has signed a new oil exploration joint venture (JV) deal with BP in Russia. The JV, Taas-Yuryakh Neftegazodobycha LLC, will invest up to $300m in conducting oil exploration ...
BP, EGAS Sanction Atoll Field Development
BP has announced that along with its regional partner, the Egyptian Natural Gas Holding Co. (EGAS), it has sanctioned a fast-track scheme to develop the Atoll gas field Phase 1 project in Egypt.
Egypt Will Keep All Gas From New Baltim Discovery
Following the new significant gas discovery in the Baltim exploration region in Egypt made by Eni and BP, Egypt stated it would keep all the natural gas for itself.
BP, Eni Announce New Gas Discovery in Baltim Region
European oil and gas giants, BP and Eni, announced their latest natural gas reservoir discovery in the Baltim exploration region in Egypt, which is jointly owned by both companies.
BP Review: Oil Forms 32.9% of Global Energy Consumption
BP has released its 65th edition of the Statistical Review of World Energy revealing that in 2015 the global demand and supply of energy had advanced as the global consumption has slowed down and the mix of energy so ...
BP Oman Completes 70% Work in Khazan Gas Field Reservoir
Work on the Khazan gas field reservoir and infrastructure project in Oman is progressing with more than 70% of the project already completed.
Iraq Pays Debts, Lukoil Pledges Investments
Iraq has started to repay accumulated debts, the head of Russia's Lukoil said, pledging more investment to allow Iraq to maintain stellar output growth.
