BP | Egypt Oil & Gas - Part 25

BP Faces Shareholders Criticism Over CEO’s 20% Pay Rise

BP Chief Executive Bob Dudley is facing a shareholder rebellion against his 20% pay rise for 2015 — the same year that the oil company reported its worst ever annual loss of $6.5b.

BP to Pay $20b in Environmental Damage Over 2010 Oil Spill

In the largest environmental settlement in the US history, oil and gas giant BP will pay over $20b to the American government over damages caused by an rig explosion and oil spill on April 20, 2010 in the Gulf of Mex ...

EGPC, EGAS, BP Sign Agreements over Atoll Gas Production

Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and British company BP signed agreements to f ...

BP, Kuwait Petroleum Corp. Sign New Framework Agreement

UK's oil and gas major BP and the state-run Kuwait Petroleum Corporation (KPC) have signed a framework agreement to explore possible joint opportunities for investment and cooperation in future oil, gas, trading and ...

BP, CNPC Ink Shale Gas Exploration Contract in China

The London-based explorer BP and China National Petroleum Corp. have signed a Production Sharing Contract (PSC) for shale gas exploration, development and production in the Neijiang-Dazu block in the Sichuan Basin, C ...

BP, Statoil Withdraw Staff from Algerian Plants After Attack

British BP and the Norwegian oil company, Statoil, have temporarily removed their staff from two natural gas facilities in Algeria - Salah Gas and In Amenas - after al-Qaeda-linked militants attacked the former.

Al-Qaeda’s North African Branch Claims Attack on Algerian Gas Plant

Al Qaeda in the Islamic Maghreb has claimed responsibility for a recent rocket-propelled grenade attack on an Algerian gas plant operated by Norway's Statoil, UK's BP and Algerian state-run gas company Sonatrach.

Orascom Secures $20m Contract for West Nile Delta Gas Project

National Steel Fabrication, a subsidiary of Orascom Construction (OC), has signed a $20m contract to manufacture and supply structural steel for the West Nile Delta gas development project.

EU Approves Trans-Adriatic Pipeline Deal

The European Union has approved a deal between Greece and the Trans-Adriatic Pipeline (TAP), which will bring gas from Azerbaijan to Europe.

Subsea 7 Awarded Offshore Gas Infrastructure Contract in Egypt

Danish engineering company, Subsea 7, was awarded a major contract to help BP develop three gas fields, including laying export lines, off the coast of Egypt - Giza, Fayoum, and Raven subsea fields offshore Alexandria.

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