BP | Egypt Oil & Gas - Part 37
Oil and Gas Deals Worth $9.2 Billion Underway in Egypt
Egypt has three major oil and gas deals worth a total of $9.2 billion underway, after attracting investment of about $2.9 billion for oil and gas exploration in just over a year, a spokesman for the energy ministry t ...
Oil Prices Rise as Signs Companies Cut Production
Oil rose again Tuesday as oil giant BP announced plans to cut exploration spending, another sign that the recent plunge in prices will lead to cuts in global production.
Oil Spill Trial Looms for BP
Lawyers for the government and oil giant BP are preparing for trial in New Orleans that could add more than $13 billion in penalties to the billions BP already has shelled out as a result of 2010 Gulf oil spill.
Oil and gas deals amended by Egypt’s cabinet
The Cabinet agreed to amend two existing oil and gas agreements with the UK's BP and German RWE Dea AG, MENA reports.
New gas discovery in North Damietta
BP Egypt announced on Saturday a significant gas discovery in Salamat well which is the first well in the North Damietta Offshore Concession granted in February 2010 and operated by BP. Egypt Awards New Oil and Gas Contracts
Egypt recently awarded eight oil and gas exploration contracts for prospecting projects off the North Coast of the Mediterranean Sea. Companies inacluding BP, Petroceltic International, Sea Dragon, Pura Vida Energy ... BP Rethinking Libya Operations After Algeria Crisis
BP is reconsidering its operations in Libya after the terrorist attack on its gas facilities in Algeria and as industry concerns over security in Libya grow. BP to begin $10 billion Egyptian gas project
Energy giant BP will begin works on a deep-water natural gas production project in Egypt's Mediterranean basin next week, according to a report on Al-Ahram's Arabic-language news website. 
