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Tag: BP
United

United Oil & Gas raises $6.3 million to fund Rockhopper Egypt acquisition

Posted: December 10, 2019 at 1:31 pm   /   Oil & Gas

United Oil conditionally raises USD 6.3 million to partially fund Rockhopper Egypt acquisition: Irish energy company United Oil & Gas has conditionally raised USD 6.3 million to partially finance its planned USD 16 million acquisition of Rockhopper Egypt’s business, United Oil said in an LSE disclosure. The company raised the amount through a share issuance, […]

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LOC

LOC awarded two-year offshore inspection contract by BP Egypt

Posted: November 11, 2019 at 3:14 pm   /   Oil & Gas

LOC awarded Marine Assurance and Inspection contract with BP Egypt: LOC is pleased to announce that it has become the third-party provider for marine assurance & inspection with BP Egypt, one of the largest multinational oil and gas company. LOC Egypt has been awarded a two-year marine assurance and inspection contract by BP Egypt. This […]

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Nile Delta

BP, Eni begin production from two wells at Baltim South West field offshore Egypt

Posted: November 6, 2019 at 10:39 am   /   Oil & Gas

BP and Eni have begun production from the first two exploration wells in the Baltim South West offshore natural gas concession, according to a cabinet statement. The two wells have a combined output of 190 mmcf/d and 1,300 bbl/d of condensate. Eni had suggested the field holds 1 tcf of gas following the results of […]

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Dragon Oil

Dragon Oil completes acquisition of BP’s share in Egypt’s GUPCO JV

Posted: October 21, 2019 at 6:07 pm   /   Oil & Gas

Dragon Oil’s Acquisition of BP’s stake in Gulf of Suez, Egypt – Major investments and new concepts. As a part of its ongoing drive to be among regionally and globally ranked Oil and Gas companies, Dragon Oil Ltd. – the fully owned exploration and production platform of Emirates National Oil Company «ENOC» has acquired BP’s […]

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BP

BP invests $35 billion in Egypt, Eni eyes drilling 20 exploration wells

Posted: October 19, 2019 at 3:59 pm   /   Oil & Gas

BP aims to develop Qattameya natural gas field: Officials of several major oil and gas firms have revealed their plans for investing in the Egyptian market during the tenth Mediterranean Offshore Conference and Exhibition (MOC) on Tuesday. British Petroleum Total investments of British Petroleum (BP) in Egypt have exceeded $35 billion, with plans to expand […]

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BP Concessions

BP to drill new wells in Qattameya, Atoll gas fields offshore Nile Delta

Posted: August 27, 2019 at 1:34 pm   /   Oil & Gas

BP is preparing to drill two new wells in the Atoll and Qattameya natural gas fields in its North Damietta offshore concession in the Nile Delta, according to an Oil Ministry statement. The drilling work will cost USD 280 million. The Atoll field is expected to produce 100 mmcf/d of gas when it comes online […]

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bp-egypt

BP targets 500 mmcf/d output from Baltim SW gas field by mid 2020

Posted: August 4, 2019 at 11:05 pm   /   Oil & Gas

BP aims to increase natural gas production to 500 mmcf/d by the middle of 2020 when it completes the development of its Baltim South West field, a source from EGAS told the press. Work is still ongoing to develop the field and link it to the national gas grid. Eni estimated the field to hold […]

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BP_West_Nile_Delta

BP to start third development phase of North Alexandria concession by year-end

Posted: July 30, 2019 at 11:53 am   /   Oil & Gas

BP is planning to begin the third development phase of its North Alexandria concession by the end of the year to bring the field’s production to 1.5 bcf/d by early 2020, a source from the Egyptian Natural Gas Holding Company told the local press. The third and final phase will see an early 350 mmcf/d […]

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WND

BP to link 250 mmcf/d of gas from Giza, Fayoum fields to production this week

Posted: June 27, 2019 at 8:00 pm   /   Oil & Gas

BP will link this week 250 mmcf/d to the production from North Alexandria’s Giza and Fayoum fields, an EGAS source told the local press. The two fields’ total production capacity this month is about 680 mmcf/d, its highest level since it began producing in February. The two fields consist of eight wells in the Mediterranean. […]

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LNG

Egypt allows Eni, BP to export gas through Idku LNG liquefaction plant

Posted: June 10, 2019 at 7:47 pm   /   Oil & Gas

The ministry of petroleum has allowed Eni and British Petroleum (BP) to export gas from Zohr and North Alexandria fields through Idku liquefaction factory in accordance with the development agreements of these projects. A source from the petroleum sector told Daily News Egypt that the government has allowed Eni and BP to export gas after […]

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