Sunday 26 April 2015
 
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BP eyes record gas output from Oman field by 2017

British oil major BP expects to start natural gas production from Oman's Khazzan field by 2017 at a rate of 1 billion cubic feet (bcf) a day, a senior company executive said on Monday. "2017 is when we plan to have the fi

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Payout from BP oil spill settlement tops $5 billion

The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the 2010 Gulf of Mexico oil spill said on Wednesday more than $5 billion has been paid out. A total of $5.037 billion has

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Payout from BP oil spill settlement tops $5 billion

The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the 2010 Gulf of Mexico oil spill said on Wednesday more than $5 billion has been paid out. A total of $5.037 billion has

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BP Oman awards $259m deals to Omani firms

Energy major BP has awarded contracts totalling more than $259 million to local Omani firms as part of the Khazzan high-gas field project in Block 61 in the Sultanate, according to a report. BP Oman, a partnership of BP and Oman O

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BP Oman awards $259m deals to Omani firms

Energy major BP has awarded contracts totalling more than $259 million to local Omani firms as part of the Khazzan high-gas field project in Block 61 in the Sultanate, according to a report. BP Oman, a partnership of BP and Oman O

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Kuwait renews $1bn BP jet fuel supply deal

State-run Kuwait Petroleum Corporation (KPC) has renewed contracts worth $1 billion with BP to provide the British oil company with jet fuel and gasoil, state news agency Kuna said on Tuesday. "The contracts that cover 2015 w

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BP signs $12bn energy agreement in Egypt

British oil company BP finalised on Saturday a $12 billion deal with Egypt to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates in the West Nile Delta. The supply deal, signed at an international

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BP makes major gas discovery in Nile Delta

BP Egypt announced today (March 9) another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta, which is expected to be the deepest well ever drilled in Egypt. The “Atoll-1” deepwat

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BP and partners to invest $12bn in Egypt project

British oil company BP expects to invest around $12 billion with its partners as part of a finalised West Nile Delta concession deal to develop five trillion cu ft of gas resources and 55 million barrels of condensates. The supply

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Adnoc set to decide on revised bids from BP, Shell

Abu Dhabi National Oil Company (Adnoc) is expected to respond this week to revised bids from BP and Royal Dutch Shell for stakes in a 40-year onshore oilfield concession, industry sources familiar with the matter said on Monday. B

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