BP has announced on Thursday that it has signed a second contract for shale gas exploration, development and production with China National Petroleum Corp (CNPC). Earlier this year, the two companies signed their first shale gas production-sharing contract (PSC) on the adjoining Neijiang-Dazu block.
read more... 02/09/2016
A BP unit working in the Caspian Sea unveiled a milestone for oil pulled from Azeri waters with its 3 billionth barrel since the start of production from the Chirag platform in 1997.
read more... 18/08/2016
British oil major BP has authorized investment in the first phase of expanding the huge Atoll gas field offshore Egypt, only 15 months after it first announced its discovery.
read more... 20/06/2016
Norwegian company Det norske oljeselskap (Det norske) has inked a $1.3bn deal with BP to fuse with BP Norge in a bid to form the biggest Norwegian independent oil and gas producer.
read more... 14/06/2016
Energy giants BP and Eni on Thursday unveiled a considerable gas discovery off Egyptian coast, adding to a series of finds in the region in the last year.
read more... 10/06/2016