BP to Resume Oil and Gas Exploration Activities in Libya
BP, the UK's largest oil and gas company, has decided to resume oil and gas exploration in Libya. The decision is expected to herald in a new age of sectoral...
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Lukoil to Enter Exploration Project in the Caspian Sea- Azerbaijan
Russian LUKOIL said last week that it has signed an agreement with British multinational oil and gas company, bp, to buy a 25% stake in the Shallow Water Absheron Peninsula...
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ANGOLA: Eni and bp Sign MoU to Collaborate on Development of Angolan Upstream Sector
Italian oil and gas company, Eni, and British Petroleum (BP) have announced that they have entered into a non-binding memorandum of understanding (MoU) to progress detailed discussions on combining their...
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BP Announces Gas Production from the Third Stage of West Nile Delta Development in Egypt
BP has announced gas production from the Raven field, off the Mediterranean coast in Egypt. This is the third stage of its major West Nile Delta (WND). The WND development...
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Egyptian Cabinet Approves Three New E&P Agreements
According to a statement on the Egyptian Cabinet's Facebook page, the cabinet has approved three draft laws for three exploration and production (E&P) agreements. The approvals were made during an...
Read More BP Begins Gas Production from the Qattameya Gas Field, Offshore Egypt
BP has announced the resumption of gas production from its latest development offshore Egypt, the Qattameya gas field in the North Damietta concession. The field is expected to produce up...
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Eni Discovers New Gas in the “Great Nooros Area” Offshore Egypt
The operator of the Great Nooros Area, Eni, and its contractor member, BP, announced a new gas discovery in the Abu Madi West Development Lease in the conventional waters of...
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Chevron, Shell, BP, Total and Exxon Mobil Slash Production, Assets by $50 billion
The five largest oil production companies in the world collectively cut their asset value by almost $50 billion in the second quarter of 2020. They also slashed production rates due...
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The DeepSea Stavanger Arrives in South Africa
Minister of Mineral Resources and Energy in South Africa, His Excellency Gwede Mantashe, has announced and welcomed the arrival of the DeepSea Stavanger in Cape Town, in the Western Cape,...
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Egypt: Newly Discovered Gas Well Could Produce Up to 32 MMSCFD – El-Molla
The recently discovered gas well offshore Egypt could produce up to 32 million standard cubic feet per day. This was disclosed after tests were conducted on Tuesday, 26th July 2020,...
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