BP | Egypt Oil & Gas - Part 4

Badawi Unveils 5-Year Production and Investment Plan in Meeting with IOCs

Karim Badawi, Minister of Petroleum and Mineral Resources, met  with leaders of international oil companies (IOCs) operating in Egypt to discuss a five-year roadmap to intensify exploration and production (E&P) ac...

bp Expects Flat Q4 Upstream Production Amid Revenue Pressure

bp, the British energy major, forecasts its upstream production in the fourth quarter (Q4) of  2025 to be broadly in line with the previous quarter, with stable output in oil production and operations offset by lower ...

bp Commits to Increase Investments in Egypt

UK Energy giant bp reaffirmed its commitment to boosting investments in Egypt, accelerating drilling programs, and turning discoveries into actual production on an accelerated pace. This came during a meeting of Karim...

Britain Exempts Zohr Field From Russia Sanctions

Egypt’s Zohr gas field, where Russia’s Rosneft holds a 30% stake, and bp owns 10%, was added to a list of projects that the UK has exempted from its sanctions on entities with Russian holdings, according t...

bp’s RC Profits Record $2.2bn in Q3 2025

bp, the leading energy giant, announced that its underlying replacement cost profit (RC profit) recorded $2.2 billion in the third quarter (Q3) of 2025, compared to $2.4 billion in Q2 2025 and $2.26 in Q3 2024. RC pro...

Badawi Accelerates E&P Projects, Strengthens IOC Ties at ADIPEC 2025

Karim Badawi, Minister of Petroleum and Mineral Resources, met with senior officials and CEOs of leading international energy companies (IOCs) on the sidelines of the ADIPEC Exhibition and Conference 2025 in Abu Dhabi...

bp Sells Minority Stakes in US Midstream Assets to Sixth Street for $1.5 Billion

bp has reached an agreement with Sixth Street-managed funds for the sale of non-controlling interests in its Permian and Eagle Ford midstream assets. The transaction is valued at $1.5 billion and will be executed in t...

Iraq Launches Kirkuk Fields Development Project to Boost Oil, Gas Output

Iraq’s Ministry of Oil highlighted that the Kirkuk Fields Development Project will raise oil and gas production and curb flaring through effective investment, with the Ministry noting that it will also revive economic...

bp Confirms Gas Condensate Discovery in Namibia, its 11th Find in 2025

bp confirmed a significant gas condensate discovery at the Volans-1X exploration well in Namibia’s Orange Basin, marking the company’s eleventh exploration success this year. The well, drilled in Petroleum Explo...

bp, Eni Extend Baltim East Lease Offshore Nile Delta

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Italian Eni and UK bp to extend the development lease for the Baltim East field in Baltim, offshore the Nile Delta region. Under the exten...

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