BP | Egypt Oil & Gas - Part 30

BP to Pay $39m of Dana Gas’s Exploration Costs in Egypt

Dana Gas has signed an agreement for BP to pay for part of its exploration costs in the El Matriya onshore concession area in Egypt.

After Deepwater Horizon Disaster, BP’s Strategy Shits to the East

As 2011 dawned, BP was desperate to turn the page. For nine months, the crisis-stricken oil major had been weathering the US fallout from the Deepwater Horizon disaster, which killed 11 workers and caused the largest ...

European Oil Companies to Develop Strategy on Climate Change

Europe's largest oil companies are banding together to forge a joint strategy on climate change policy, alarmed they'll be ignored as the world works toward a historic deal limiting greenhouse gases.

BP Scaling Back Iraq Operations as Government Payments Become Uncertain

BP has cut its development budget for Iraq's giant Rumaila oilfield by $1 billion this year after the government warned a slump in crude prices and its battle against Islamic State was making it difficult to pay oil ...

Renewed Drilling Plans Near BP Oil Spill Epicenter Spark Concern

Just 3 miles from the catastrophic BP spill in the Gulf of Mexico, a Louisiana company is seeking to unlock the same oil and natural gas that turned into a deadly disaster.

BP Lifts Force Majeure on Angola’s Saturno

BP has lifted a force majeure on exports of Angolan Saturno crude oil, traders said on Tuesday.

BP Balancing Act Maintains Profits in Face of Oil Price Plunge

BP Plc, Europe’s second-biggest oil company, reported first-quarter profit that beat analysts’ estimates as earnings from refining and trading offset lower crude prices.

BP Selling Stake in North Sea Gas Pipeline

UK energy giant BP announced that its interest in the Central Area Transmission System (CATS) in the North Sea will be sold for £324m.

BP Awards OneSubsea Contract for WND

OneSubsea, a Cameron and Schlumberger company, has been awarded a contract to supply subsea systems for the BP West Nile Delta Development (WND)’s Taurus Libra fields in Egypt.

BP to Start Investing in Egyptian Gas Project This Year Says CEO

British Petroleum (BP) will start investing in a gas project in Egypt’s Nile Delta this year, Sputnik News quoted Group CEO Robert Dudley as saying.

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