Oil giants BP, Eni announce gas field discovery in Egypt
The discovery has been made at the Nidoco NW-1 exploratory well...
Tag : BP
Singapore’s KrisEnergy sells 30% Andaman II stake to BP for $15 mn
The Andaman II PSC is an exploration block over the North Sumatra Basin spanning 7,400 square kilometre...
Saudi Aramco buys shares in blockchain oil trading company Vakt
Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia...
Aramc to sell 0.5% shares to individual investors
The Saudi government will have a lock-in period of a year on further share sales after the IPO...
Brazil oil auction fails to achieve the $26 billion target
Petrobras acquired 90% of the Buzios oil field, China’s CNOOC and CNODC acquired the other 10%...
Dragon Oil buys BP’s Egyptian concessions, to invest $1 bn
Dragon Oil to increase production to above 75,000 bpd for the next 10 years...
Oman’s PDO to increase oil output by 10% in 5 years
Petroleum Development Oman is expected to boost output capacity to 670,000 barrels per day...
BP’s sale of GUPCO stake marks the end of a 50-year partnership
The company will sell its stakes to Dragon Oil for more than $600 million, according to industry sources...
Egypt’s super-giant Zohr gas field begins production
Completes BP’s major project start-ups for 2017...
Eight energy companies commit to reduce methane emissions within natural gas industry
The commitment was made to ensure that natural gas continues to play a critical role in helping meet future energy demand...