BP | Egypt Oil & Gas - Part 27

Iraq Reached $3.6b Foreign Oil Investment Deal

Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields that the firms are developing, allowing projects that were halted this year to resume and crude production to incre ...

Egypt Approves Five New Oil, Gas Exploration Deals

Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies.

BP Eyes Gas Production Rise in Atoll Field

BP eyes boosting Atoll field production from the current 200mcf/d to 300mcf/d of gas by December 2018.

Edison, Total, BP Mull Buying 40% Stake in Zohr

Italian Edison, French Total, and British Petroleum (BP), have requested information about Zohr field as they ponder negotiations with Eni over a purchase of 40% of the company's stake in the Mediterranean Sea conces ...

Eni, BP to Extract 350mcf/d of Gas from South Baltim Field

Eni and BP are planning to extract 350mcf/d of natural gas from the Baltim South West exploration prospect in the East Nile Delta by the end of the current fiscal year.

BP Declares 44% Drop in its Profit in Q2 2016

BP reported that its profit for the second quarter of 2016 has dropped by 44% to $720m, compared with $1.3b for the second quarter of 2015.

Algeria’s Tiguentourine Gas Plant to Come Back Online

Algeria's Tiguentourine gas plant, located 1,600km south east of the capital city Algiers, will be put back in service, according to Director General of the gas complex.

Eni, BP Discover 700bcf of Extractable Gas in South Baltim

After completing the drilling operations of their first well, Baltim SW-1, British Petroleum (BP) and Italy’s Eni have estimated the reserves in their concession area in South Baltim to equal almost 700bcf of extract ...

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 ...

Page 27 of 41

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