BP | Egypt Oil & Gas - Part 40
New Offshore Rig Training Facility to be Opened by BP and Maersk
BP and Maersk training announced they are working together to provide offshore rig crew training in Houston. BP awarded Maersk, which has doubled its training operations in the last three years, a five-year training c...
BP Loses Appeal for Reduction in Oil Spill Fines
A federal judge in the United States has rejected an attempt by BP to lower the fines it faces from its catastrophic Gulf of Mexico oil spill in 2010. U.S. District Judge Carl Barbier on Thursday agreed with governmen... Texas Supreme Court Blocks BP’s $750 Million Insurance Claim
BP Plc isn’t covered under Transocean Ltd.’s insurance policies for the undersea well blowout that caused the 2010 Gulf of Mexico disaster, the Texas Supreme Court said, blocking the oil company’s access to $750 milli...
US Oil Strike Spreads to BP Plant in Midwest
The first nationwide strike at U.S. oil refineries since 1980 is spreading to two BP plants in the Midwest. The United Steelworkers union has notified BP Plc. that workers at refineries in Ohio and Indiana will strik...
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 to...
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. U.S. oil rose $1.60, or 3.2 percent, to $51.17 ... 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. Feder...
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. The oil deal is with Egyptian General Petroleum Corporation (EGPC) and covers BP excavations ...
