Saturday 23 May 2015
 
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BP

BP, Iraq agree to cut spending on Rumaila

BP has agreed with Iraq to slash this year's budget expenditure on development work at the giant Rumaila oilfield to $2.5 billion after Baghdad told oil majors a slump in oil prices and its fight against Islamic State had made payments diffi

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Azerbaijan oil output up due to BP fields, gas falls

Crude oil and condensate production in Azerbaijan rose to 14.2 million tonnes in the first four months of 2015 from 13.6 million a year earlier, a source at the State Statistics Committee said.   The source, who

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BP awards $110m contract to Galfar

British oil major BP has awarded a $110-million contract to Galfar Engineering and Contracting Company, a leading construction company, for setting up a gas-gathering system at the Khazzan gas project in Oman. “Galfar has be

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BP awards $110m contract to Galfar

British oil major BP has awarded a $110-million contract to Galfar Engineering and Contracting Company, a leading construction company, for setting up a gas-gathering system at the Khazzan gas project in Oman. “Galfar has be

More…

BP awards $110m contract to Galfar

British oil major BP has awarded a $110-million contract to Galfar Engineering and Contracting Company, a leading construction company, for setting up a gas-gathering system at the Khazzan gas project in Oman. “Galfar has be

More…

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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