BP Plans To Invest $1.5 Billion In The Development Of The Oil And Gas Industry In Egypt
The company’s chief executive, Murray Auchincloss, is also interested in the possibility of investing an additional $5 billion in this area in the future. The British company British Petroleum (BP) intends to invest at least 1.5 billion in the development of the oil and gas sector of the Egyptian economy. …
ADNOC And BP Agreed To Create A Gas Joint Venture In Egypt
British energy company BP and Abu Dhabi (UAE) oil and gas company ADNOC have agreed to establish a joint venture (JV) in Egypt, their joint release said. “ADNOC and BP today announce that they have agreed to establish a new joint venture (JV) in Egypt,” the statement said. Initially, the …
BP Plans To Drill 12 Production Wells At ACG In 2024
BP-Azerbaijan plans to drill 12 production wells in the Azeri-Chirag-Gunashli (ACG) field block in 2024, said BP Vice President for Wells in Azerbaijan, Georgia and Turkey Jim O’Leary. “In 2024, it is planned to drill 18 wells on the ACG block, including 12 production wells, 3 water injection wells, 2 …
BP Began A Five-Year 4D Seismic Program At ACG Worth $370 Million
On January 20, 2024, BP began implementing a four-dimensional (4D) seismic exploration program at the Azeri-Chirag-Gunashli (ACG) field block in the Azerbaijani sector of the Caspian Sea. “Taking into account the area of the study area, the cost and timing of seismic research, this project is the largest seismic data …
BP Began Drilling the First Production Well from a New Platform at ACG
BP-Azerbaijan announced the start of drilling the first production well from the new Central East Azeri (CEA) platform in the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea. “Drilling of the first production well from the CEA platform began on December 4,” the company said in a …
BP Withdraws From Yakaar-Teranga Gas Project in Senegal
British oil and gas company British Petroleum (BP Plc) in early November ceased its participation in the development of the Yakaar-Teranga gas fields on the continental shelf of Senegal. Bloomberg reports this. Senegal and BP did not agree The company’s decision to withdraw from the project is motivated by disagreements …
BP Begins Production at the Seagull Field in the North Sea
British BP Plc has begun production at the Seagull oil and gas field in the British sector of the North Sea. The company’s press service reported this on November 6, 2023. Seagull deposit is being developed in conjunction with the Central Process Facility (CPF) that bp operates as part of …
Oil Production at ACG in 2023 was Carried Out from 136 Wells
Oil production from the Azeri-Chirag-Gunashli (ACG) block in January-September 2023 was carried out from 136 production wells, the press service of the bp company (operator for the development of the Azeri-Chirag-Gunashli, ACG) block of fields told Interfax-Azerbaijan. ). “In January-September 2023, six oil production, five water injection and one gas …
BP Begins Production at the Seagull Oil and Gas Field in the North Sea
British BP Plc has begun production at the Seagull oil and gas field in the British part of the North Sea, the company said in a press release. BP’s partners in this project are Neptune Energy and the Japanese JAPEX. The field, which was developed by Neptune Energy, is connected …
BP Increased Gas Production from the Shah Deniz Field by 11% in January-September
The BP-Azerbaijan company produced 20 billion cubic meters of gas from the Shah Deniz field in the Azerbaijani sector of the Caspian Sea in January-September 2023, which is 11% higher than the figure for 9 months of 2022, the company’s press service told Interfax-Azerbaijan. The Shah Deniz field also produced …