BP | Egypt Oil & Gas - Part 27
BP Agrees on Speedier Development of Atoll
BP announced in a press release that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery.
BP Withdraws Appeal on Gulf of Mexico Oil Spill Payments
BP has withdrawn its legal appeal against a range of payments made to compensate individuals and businesses affected by the 2010 Gulf of Mexico oil spill.
EGPC Secures Revolving Letter of Credit to BP
Osama Kamal, Former Ministry of Petroleum, told Daily News Egypt that the North Alexandria deal includes a revolving letter of credit worth the contractor’s share value in the gas that is renewed every three months. BP Beats Profit Estimates for Q3, Boost by Refining.
British oil major BP beat profit estimates for its third quarter earnings report, North Alexandria Concession to Begin Production Early 2017
Egypt Oil & gas learned that British Petroleum (BP) will begin production at its North Alexandria concession early 2017, rather than mid-2017, as originally planned.
BP Oman Renews Commitment to Promoting SMEs
BP Oman and Sharakah have renewed their contract to help develop and upgrade the capabilities of small and medium-sized enterprises (SMEs)
EGAS Announces Results of Mediterranean Bid Round
EGAS announced the result of the 2015 international exploration Mediterranean bid round, reported Egypt Oil & Gas.
Total, Shell, BP Move into Iranian Fuel Market
Officials in Tehran announced on Friday that Shell would be allowed to build 100 petrol stations in Iran,
