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
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.
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.
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
British-based oil and gas company BP is keen to invest in the development of certain Iranian oil fields, Iran Daily has quoted the country’s deputy oil minister as saying.
Negotiations are underway with BP for coope
BP Egypt has announced an important gas discovery in the Baltim South Development Lease in the East Nile Delta.
The Baltim SW-1 exploration well, drilled in water depth of 25 metres by operator IEOC (Eni), reached a total depth of
The world's oil reserves were unchanged in 2015 despite a sharp drop in investment and exploration after the collapse in crude prices, BP said in its benchmark industry report.
Proven oil and gas reserves t
Six international oil firms including BP and Royal Dutch Shell Plc have bid to operate Qatar's largest offshore oil field, two people with knowledge of the matter told Reuters.
The other bidders are the field's current ope