BP | Egypt Oil & Gas - Part 39
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. The discovery of crude in 1908 laid the fo...
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’...
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. The oil company declared force majeure on Monday due to t...
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. As international oil prices continue their do...
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 Mediterr...
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. The supply deal, signed...
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. Th...
Go-ahead for West Nile Delta project
Important project in DEA’s international portfolio picks up speed again DEA Deutsche Erdoel AG is pleased to contribute significantly to Egypt’s security of energy supply. The final agreements to develop 5 trillion cu... 
