BP | Egypt Oil & Gas - Part 3
bp Secures 10% Stake in UAE’s Bab Gas Project
British Petroleum (bp) has signed a concession agreement with Abu Dhabi National Oil Company (ADNOC) and other partners to develop the Bab Gas Cap project in the United Arab Emirates (UAE), in which it will hold a 10%... BP Weighs UK North Sea Asset Divestment in $2.69 Billion Deal
British Petroleum (bp) is in talks with Ithaca Energy, a North Sea oil and gas operator and producer, regarding the sale of its UK North Sea assets in a deal worth nearly $2.69 billion, according to Reuters.While nego...
Egypt, bp, Harbour Sign Deal to Boost Mediterranean Output
The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) have signed a Heads of Agreement (HoA) with both British Petroleum (bp) and Harbour Energy to establish the execut...
bp Reports 131.88% Surge in Net Profit in Q1 2026
British Petroleum (bp) reported a net income of $3.2 billion in the first quarter (Q1) of 2026, an increase of 131.88% from the same quarter last year. It beat analyst expectations of $2.67 billion by 20%, according t...
bp Sees Stable Upstream Output, Strong Trading Boost in Q1 2026
bp reported that upstream production in the first quarter (Q1) of 2026 is expected to remain broadly stable compared with the fourth quarter (Q4) of 2025, at 2.344 million barrels of oil equivalent per day (mmboe/d). ...
Badawi Inspects Valaris DS-12 as bp,Arcius Launch New Mediterranean Drilling Campaign
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the Valaris DS-12 drilling vessel, which has recently entered Egypt’s territorial waters to begin a five-well natural gas exploration program ...
ARCIUS Energy, bp Start Offshore Gas Drilling in Mediterranean
ARCIUS Energy and bp are set to begin offshore gas drilling operations in the Mediterranean Sea, following the arrival of the drillship Valaris DS-12 in Egypt to support the development of new exploration wells. The v...
Harbour Energy Briefs Badawi on Developments in Dissouq field
Ezz, the first well in Harbour Energy’s recent gas discovery at the Dissouq field, has been brought into production, lifting the field’s gas and condensate output to about 14,000 barrels of oil equivalent per day (boe...
