Thursday 25 August 2016
 
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BP

Iraq, oil companies agree to restart investment

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said.

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Iraq, oil companies agree to restart investment

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said.

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BP eyes $3bn stake sale in China petchem JV

British oil major BP is seeking buyers for its 50 per cent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch $2-$3 billion, people familiar with the matter told Reuters.

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BP eyes $3bn stake sale in China petchem JV

British oil major BP is seeking buyers for its 50 per cent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch $2-$3 billion, people familiar with the matter told Reuters.

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Eni, BP eye 350m cu ft of gas from Egypt field

Italian oil company Eni and British BP will aim to produce 350m cu ft per day of gas from the discovery in South Baltim east of the Nile Delta in Egypt by the end of the current fiscal year, a report said. The production will be l

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Aberdeen Drilling Consultants awarded contract by BP

Aberdeen Drilling Consultants (ADC), a rig inspection consultancy based in Scotland, has been awarded a contract by BP to provide engineering services globally.   ADC will provide support in more than 14 countrie

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Det norske looking for more deals in`very interesting' market

Norwegian oil firm Det norske sees scope for further transactions after its planned merger with BP's Norwegian business, its chief executive told Reuters on Thursday.   "There is definitely a ve

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Big oil’s $45bn new projects signal spending revival

Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead.

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BP awards Bibby combined diving contract

Bibby Offshore, a leading subsea services provider to the oil and gas industry, has secured a contract with BP, which will see diving support vessel Bibby Topaz working on four BP operations across three of its North Sea assets. T

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BP approves investment in Egypt gas field 15 months after discovery

British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore Egypt, only 15 months after it first announced its discovery.   BP, which declined to give an inves

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