Latest in Tag: BP Highlight
Latest in Tag: BP
BP awarded new exploration block in the western Mediterranean, off the shore of Egypt
The King Mariout offshore bloc, which BP has a 100% working interest in, is located approximately 20 km west of the Raven Field in the Mediterranean Sea.
Wintershall Dea, BP operate Raven field in West Nile Delta project’s 3rd phase
Raven field’s operation comes after Giza, Fayoum gas fields began production in 2019
Egypt’s Petroleum Minister, BP discuss joint business, international oil prices
BP’s Dev Sanyal affirmed company’s confidence in Egypt’s investment-attracting climate
Eni, BP announce new gas discovery in Egypt’s Nile Delta
The announcement added that the discovery has added significantly to the gas potential of the great Noroos area.
BP sells petrochemical business to Ineos for $5bn
BP’s petrochemical business is focused on two major operations, aromatics and acetyls. The company has invested in leading technology and preference manufacturing plants for both operations, including a strong presence in Asian growth markets.
BP’s Karim Alaa named Senior Vice President for North Africa
Speaking of his new role, Karim said: “I look forward to continuing to grow our current business and generate new opportunities in the region. We are reinventing BP to deliver our ambition to be a net zero company by 2050 or sooner, as well as helping the world get there, and North Africa has a role to play in that.”Â
Hesham Mekawi retires as BP North Africa Regional President
He will continue in his current role until 1 July 2020, and will then spend six months as a senior advisor to ensure the smooth transition of leadership.
Egypt agrees price indexing of Mediterranean’s El-Borg concession capped at $5.88/MMBtu
Previous price was $2.5/MMBtu, says source
BP invests $2.7bn to develop North Alexandria’s Giza and Fayoum gas fields
Production of second phase amounts to 680m scf/day
Dragon Oil buys BP’s state in Gulf of Suez, plans to invest $1bnÂ
Company aims to increase its total production of 300,000 barrels of oil in 2026
Zohr’s gas production hits 11.3bn cm mark in 1H19: Rosneft
The Russian energy giant is in a consortium with Italy’s Eni, British Petroleum (BP), and UAE’s Mubadala Petroleum for the implementation of the Zohr offshore gas project in the Mediterranean Sea.
Baltim South West field to start production at 500m scf/day by mid-2020: BP
Linking the field to national gas network is underway, says EGAS source
BP to link 250m scf/day of gas to production from Giza, Fayoum this week
Total production of two fields in Mediterranean Sea is 680m scf/day per day
Egypt allows Eni, BP to export gas through Idku liquefaction plant
Development agreements of Zohr, North Alexandria allow foreign partners to export gas after government’s approval
BP to increase production of Giza, Fayoum fields to 700m scf/day in April
Adding third phase of North Alexandria project to national grid in late 2019
BP to start gas production from 2nd phase of West Nile Delta project
Combined production from project’s three phases is expected to reach 1.4bn scf/day in 2019
BP, EGPC sign $46m agreement for oil, gas exploration in Gulf of Suez
The Egyptian General Petroleum Corporation (EGPC) signed an agreement with the energy giant British Petroleum (BP) to explore and produce oil and gas in the northeast of the Ramadan concession in the Gulf of Suez with investments of $46m. The agreement was signed by the CEO of the EGPC, Abed Ezz El-Regal, and BP’s regional …
Egypt’s mega Zohr field production start record-breaking success: BP, Eni
Egypt’s natural gas production to reach 5.4 bcf/day, says El MollaÂ
BP announces third gas find in North Damietta concession area
The new field has a gas carrier layer of 37 meters in thickness
BP returns to profitability in 2016
British energy giant BP has announced it’s entered positive territory again, logging a slight bottom-line profit for the whole of 2016 and recovering from a huge net loss in the previous year.BP posted a slight net profit for 2016, the company announced Tuesday. Profit after tax stood at $115 million (108 million euros) last year, …
Petroleum Minister signs 3 agreements for gas, petroleum exploration in the Mediterranean
The agreements will inject investments worth $220m into oil and natural gas exploration in the Mediterranean
Eni agrees to export part of Shorouk concession
Arbitration case worth $8bn will be waived as soon as exporting begins
BP buys 10% of Eni’s massive Zohr gas field
The two companies agreed that BP could purchase another 5% before the end of 2017
BP produces 650m cubic feet from Taurus and Libra fields
BP agreement with Royal Dutch Shell will see gas produced from North Alexandria project at $0.3 per million feet, says source
As Nooros field reaches record production, BP and Ministry of Petroleum sign 3 concession amendmentsÂ
BP announced it has signed three concession amendments with the Minister of Petroleum Tarek El Molla for the Temsah, Ras El Barr, and Nile Delta offshore concessions in Egypt. These amendments allowed for the economic development of the Nooros field, where the company recently achieved record production. Hesham Mekawi, regional president of BP North …
BP acquires Shell’s Rosetta gas plant for $128m
Giza and Fayoum fields in northern Alexandria will produce 420m cubic feet per day in 2019, says source
Eni, BP complete drilling of second well in South Baltim
Project’s production platform under preparation to link 350m cubic feet of gas daily, says source
Eni, BP target production of 350m cubic feet of gas from South Baltim field
Six wells will be linked from the new discovery to the national grid by the end of 2016/2017, says source
Eni and BP find 700bn feet of gas in south Baltim reservoir
Drilling the first well is completed at 4,000 metres depth, says source
BP sanctions development of 1.5tn cubic feet Atoll field in Egypt
Early production will bring up to 300m cubic feet per day starting 2018