The contract builds on the Aberdeen headquartered company’s existing long-term relationship with the E&P organisation to become a single point of contact for all lifting and handling operations across its Andrew, Clair Ridge, ETAP and Glen Lyon platforms in the region
BP
Posted inDRILLING & PRODUCTION
Output from Egypt’s giant Zohr gas field more than tripled in H1 2019
Zohr, the largest gas field in the Mediterranean, is a concession between Italian Eni S.p.A. (50%), Rosneft (30%), British BP (10%), and Mubadala Petroleum (10%)
Posted inProducts & Services
Reliance stake sale to Saudi Aramco and BP will reduce leverage, a credit positive: Moody’s
Stake sales are in line with the company’s plan to reduce net debt to zero by March 2021
Posted inExploration
Eni and BP sign exploration and production sharing agreement onshore Oman
During the exploration phase, Eni and BP will each hold a 50% interest in the agreement for Block 77, with Eni acting as the operator
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Posted inDRILLING & PRODUCTION
BP forms joint venture with Brazil’s Bunge bioenergy company
Combination will grow BP’s existing biofuels business by more than 50%
Posted inO&G/RPME Awards
Judging panel for the Middle East Energy Awards revealed
These experts from across the upstream, downstream and utilities sectors will convene to decide the winners of the Middle East Energy Awards
Posted inProducts & Services
BP invests $30mn in technology to produce animal feeds from natural gas
Latest venturing investment will see natural gas transformed into protein for fish and animal feeds, which could help meet growing global demand for protein feed more sustainably
Posted inDRILLING & PRODUCTION
BP CEO: “The world is on an unsustainable path”
The oil major’s 68th Statistical Review of World Energy found a siparity between demands for climate change action and the actual pace of progress
Posted inDRILLING & PRODUCTION
BP agrees to sell Egypt GUPCO stake to Dragon Oil
Dragon Oil, the upstream arm of ENOC, will add 70,000 barrels per day of production to its portfolio through the acquisition
Posted inVideo
Dragon Oil CEO on Egypt acquisition and regional expansion
Dragon Oil CEO Ali Al Jarwan speaks out about his company’s plans to acquire an asset in Egypt to add 70,000 barrels per day of production to its portfolio, and where the company is going next in its regional expansion.