BP | Egypt Oil & Gas - Part 36

BP Oman Khazzan Project Continues Despite Global Cutbacks

BP Oman will complete 16 wells in the Khazzan tight gas field and will have at least nine rigs in operation by the end of this year

Foreign Oil Companies Weighing Up Post-Sanction Iran Prospects

Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological data from Masjid-i-Solaiman, Iran’s first oil well.

BP 2-Months Away from Finalizing TANAP Deal

British oil major BP expects to sign a deal with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to become a stakeholder in the multi-billion dollar project that aims to reduce Europe's rel ...

BP Declares Force Majeure on Angolan Oil Project

BP has declared force majeure on oil output from an Angolan oil project which provides almost 10 percent of the OPEC member's exports after a power loss.

Oil Prices Prompt North Sea Operators to Sell Off Assets

The North Sea, which brought upheaval to global oil markets in the 1980s just as shale has in this decade, is desperately seeking tax relief in Wednesday’s British budget.

Update: 100% of West Nile Delta Gas to Go to National Grid, says BP

The West Nile Delta (WND) agreement, signed in March 2015, enables BP and its partner to develop five trillion cubic feet of gas resources and 55 million barrels of condensate in the North Alexandria and West Mediter ...

BP to Invest $12 Billion in Egypt

British oil company BP (BP.L) finalised on Saturday a $12 billion deal with Egypt to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates in the West Nile Delta.

US Courts Still in Deadlock Over BP Spill-Size Decision

The U.S. is fighting a judge’s decision that shaved more than $4 billion off the maximum pollution penalties BP Plc must pay for its 2010 Gulf of Mexico disaster, the biggest offshore oil discharge in U.S. history.

Go-ahead for West Nile Delta project

DEA Deutsche Erdoel AG is pleased to contribute significantly to Egypt’s security of energy supply. The final agreements to develop 5 trillion cubic feet of gas resources had been signed. The West Nile Delta developm ...

BP Announces Second Major Natural Gas Discovery in Egypt’s East Mediterranean

PRESS RELEASE, BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6t ...

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