bp Reports $2.3B Quarterly Profit, Lowest in Nearly Four Years
bp has reported a decrease in profit for the third quarter of 2024 of 30% to $2.3 billion, marking the lowest quarterly profit in nearly four years.
BP | Egypt Oil & Gas - Part 5
TechnipFMC Secures iEPCI™ Contract for BP’s Greenfield Kaskida Development in Gulf of Mexico
TechnipFMC secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract for BP’s greenfield Kaskida development in the Gulf of Mexico. The scope of work covers the design and ma ...
bp Outlines Plans to Accelerate E&P Operations in Egypt
Minister of Petroleum and Mineral Resources Karim Badawi has met with bp CEO Murray Auchincloss to discuss the company’s plans to accelerate the exploration and production (E&P) operations in its concession areas ...
bp Sells Minority Stake in Trans Adriatic Pipeline to Apollo for $1B
bp has signed a $1 billion deal with Apollo-managed funds to purchase a non-controlling stake in bp Pipelines TAP Limited, a subsidiary of bp that holds a 20% share in Trans Adriatic Pipeline AG (TAP).
bp Announces Progress in Raven Field Development Amid $700 Million Investment
Regional President of British Petroleum (bp ) in the Middle East and North Africa, and President of British Petroleum (bp ) in the Middle East and North Africa, Nader Zaki, revealed the progress of the ongoing wor ...
bp Signs MoU with Iraq to Explore Redevelopment in Kirkuk Region
bp has signed a memorandum of understanding (MoU) with Iraq to negotiate a material-integrated redevelopment program for the Kirkuk region, including oil and gas investment, power generation, and solar along with ...
Badawi Commends bp’s Role in Egypt, Urges Enhanced Cooperation
Minister of Petroleum and Mineral Resources Karim Badawi has met with bp's Executive Vice President William Lane, along with his delegation in New Alamein City with whom he reviewed bp's activities in Egypt, which ...
bp Reports $2.8B in Profits During Q2 2024, Surpassing Forecasts by 9%
bp has announced profits of nearly $2.8 billion in the second quarter of 2024 (Q2 2024), surpassing analysts' forecasts by 9%, due to higher oil prices and solid retail earnings, which compensated for the impact o ...
bp Targets to Increase Production from Two New Wells in Ravin Field to 200 mmcf/d
Minister of Petroleum and Mineral Resources Karim Badawi, accompanied by several petroleum leaders, has inspected the development operation for the West Delta fields in the Mediterranean, especially the offshore d ...
bp to Take Full Ownership of its Brazilian Biofuels JV, Acquiring Bunge’s 50% Interest
bp has acquired Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies.
