Supermajors Slim Down to Protect Shareholder Payouts
The world’s biggest international oil and gas firms are accelerating layoffs this year in search of further cost…
BP Approves $5B Offshore Project in Gulf of Mexico
BP (NYSE:BP) is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico…
Quarter of heatwaves this century ‘virtually impossible’ without climate change, study finds
A quarter of heatwaves this century would have been “virtually impossible” without human-caused climate change, according to a…
bp signs deal to drill five gas wells offshore Egypt
bp has signed a Memorandum of Understanding (MoU) to evaluate opportunities for a five-well program at water depth…
BP’s dash for gas: Five-well drilling campaign on Mediterranean’s horizon
UK-headquartered energy giant BP has taken steps to expand its natural gas arsenal in the Mediterranean Sea by…
Iraq and BP Forge $25 Billion Kirkuk Oil Deal
BP engineers have arrived in Kirkuk and have launched initial assessments at four strategic oilfields in the northern…
US sets new record for LNG exports in August
Europe still top destination for US LNG Natural gas storage levels have been lower in Europe this year…
BW Offshore chosen as preferred bidder for Canada’s first deepwater oil project
BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada Ltd, confirming its selection as preferred…
Egypt signs $340m oil, gas exploration deals with global firms
A third agreement, worth $109 million, went to Arcius Energy, a joint venture 51 per cent owned by…
Saipem gets the ball rolling on BP’s $7 billion integrated project off Indonesia
Italy’s engineering, drilling, and construction services giant Saipem has held the first steel-cutting ceremony for an integrated project…
Kosmos: Tortue FLNG to hit full capacity in Q4
BP operates GTA with a 56 percent working interest alongside Kosmos Energy (27 percent), Petrosen (10 percent), and…
BP and Eni set their cap on stepping up Mediterranean oil & gas game
Two European energy giants, the UK-headquartered BP and Italy’s Eni, have signed on the dotted line to pursue…