BP | Egypt Oil & Gas - Part 28

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.

Oil Supermajors Apply to Bid for Mexican Oil Blocks

US energy giants Exxon Mobil and Chevron are among the 21 companies that have registered to bid for Mexico's fourth phase of maiden offshore oil blocks auction, estimated to contain 4b boe in reserves, alongside Euro ...

BP to Pay Investors $175m Over Deepwater Horizon Oil Spill

BP has agreed to pay $175m to settle claims that it deceived shareholders by underplaying the severity of the 2010 Gulf of Mexico oil spill. Their claim was based on the allegation that BP publicly “lowballed” the am ...

Algeria’s In Amenas Gas Plant to Re-operate in June

More than tree years after a militants linked to al-Qaeda attacked Algeria's In Amenas gas plant, it started test production at its third train, and will soon be back running at full capacity, a source from the state ...

BP Starts Water Injection Project In Gulf of Mexico

The British oil giant BP has begun a water injection project at its Thunder Horse platform in the US Gulf of Mexico. The development is part of BP's plan to add about 800,000boe/d from worldwide projects starting bet ...

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