BP | Egypt Oil & Gas - Part 3

bp Greenlights $5 Billion Tiber-Guadalupe Project in US Gulf

bp, one of the world's largest integrated oil companies, has made a final investment decision (FID) regarding its $5 billion Tiber-Guadalupe development project in the US Gulf of Mexico. The project marks the comp ...

Baker Hughes Awarded Long-term Agreement to Supply Services to bp’s Tangguh LNG Plant

Baker Hughes, an energy technology company, won a long-term agreement for supplying services to bp for its Tangguh Liquefied Natural Gas (LNG) plant in Papua Barat, Indonesia.

Egypt signs New Gas Exploration deals with Eni and bp

The Egyptian General Petroleum Corporation (EGPC); and the Egyptian Natural Gas Holding Company (EGAS) signed a new incentive-based agreement with Italy’s Eni—represented by its Egyptian subsidiary, the Internati ...

Badawi Discusses Natural Gas Investment Plans with bp

Minister of Petroleum and Mineral Resources Karim Badawi met with William Lin, Executive Vice President of bp Global for Gas and Low-Carbon Energy Affairs, along with other bp officials, to discuss the company’s n ...

bp Exits Onshore Wind Business in US

In an official statement, bp announced the selling of its US onshore wind business, BP Wind Energy North America Inc. (bp Wind Energy), to LS Power, a leading development, investment and operating company focused ...

bp Projects Higher Upstream production in Q2 2025

bp, the British oil giant, posted higher expectations for upstream production during Q2 2025 compared to Q1 2025. The company projects higher oil production and operations primarily in bpx Energy, while slightly h ...

bp Exits Dutch Retail Market in Major Deal with Catom

As part of its $20 billion divestment program, bp is exiting the Netherland’s retail market through an agreement to sell its Mobility & Convenience and bp pulse operations there to Catom.

bp to Redevelop Mature Fields in Libya

bp, the British oil giant, signed a Memorandum of Understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s S ...

bp Inks Agreements for Business Growth in Azerbaijan

bp and its partners have signed a series of strategic agreements aimed at expanding their substantial oil and gas portfolio in Azerbaijan. The deals are set to drive future growth, boost production, and strengthen ...

bp’s Underlying RC Profits Reach $1.4B in Q1 2025

bp announced its financial results for the first quarter (Q1) of 2025, reporting underlying replacement cost (RC) profits of $104 billion compared to $1.2 billion for the previous quarter and $2.7 billion during t ...

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