BP | Egypt Oil & Gas - Part 35

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.

2017 Production Target Date for Oman’s BP Gas Project

BP expects to start natural gas production from Oman's Khazzan field by 2017 at a rate of 1 bcf a day, a senior executive from the British oil major said on Monday.

Victims of BP Mexico Gulf Oil Spill Still Suffering

Five years after the largest oil spill in U.S. history spewed millions of gallons of crude into the Gulf of Mexico, many Louisiana oystermen are fearful that a once-bountiful population of the mollusks may never recover.

Production Resumes at South Africa’s Largest Refinery

Production at the 172,000 barrels per day Sapref refinery, South Africa's largest and co-owned by BP and Shell, is normal following a pipeline fire that was extinguished on Saturday morning, a spokeswoman said.

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