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Eni makes Bashrush gas discovery in Nile Delta, Mediterranean Sea

Eni makes Bashrush gas discovery in Nile Delta, Mediterranean Sea

Bashrush gas discovery : Eni, BP, and Total have made a new gas discovery in the Mediterranean Sea off the Egyptian coast following the drilling of the first wildcat well targeting the Bashrush prospect in the North El Hammad license. The new gas discovery in the Nile Delta is located in 22 meters of water […]

BP to sell petrochemicals business to INEOS for $5bn

BP to sell petrochemicals business to INEOS for $5bn

Oil and gas giant BP has signed a $5 billion worth deal to sell its global petrochemicals business to INEOS Styrolution, a subsidiary of chemicals company INEOS, in a move to strengthen its balance sheet. The transaction is also said to help BP deliver its $15 billion divestment target a year earlier than the original […]

Johan Sverdrup field : Equinor expects phase 1 to reach plateau production in early May

Johan Sverdrup field : Equinor expects phase 1 to reach plateau production in early May

Equinor said that the first phase of the Johan Sverdrup project in the North Sea is expected to hit plateau production in early May, which is much earlier than previously anticipated by the company and its partners. The Norwegian oil and gas giant said that by the end of March, the daily oil production at […]

Platina oil field details | Offshore oil project in Angola operated by BP

Platina oil field details | Offshore oil project in Angola operated by BP

Located in block 18 in the territorial waters of Angola, the Platina oil field, which is operated by BP, is scheduled to begin production by the end of 2021. The Platina deepwater oil project is being developed as a subsea tie-back to the existing BP-operated Greater Plutonio floating production, storage and offloading unit (Greater Plutonio […]

Platina field : TechnipFMC bags iEPCI contract from BP for Angolan project

Platina field : TechnipFMC bags iEPCI contract from BP for Angolan project

TechnipFMC has bagged an integrated engineering, procurement, construction, and installation (iEPCI) contract from BP Angola for the Platina field development in Block 18 in Angolan waters. The contract value is in the range of $75-250 million. The Platina field, which was discovered in 1999, is contained in water depths in the range of 1,200-1,500 meters. […]

Greater Tortue Ahmeyim project : Kosmos Energy signs SPA with BP Gas Marketing

Greater Tortue Ahmeyim project : Kosmos Energy signs SPA with BP Gas Marketing

US upstream oil company Kosmos Energy and its partners have inked a sale and purchase agreement (SPA) with BP Gas Marketing pertaining to the Greater Tortue Ahmeyim project located on the maritime border between Mauritania and Senegal. The SPA, which has an initial term of up to 20 years, covers 2.45 million tonnes per annum […]

Johan Sverdrup oil field inaugurated by Norwegian PM Erna Solberg

Johan Sverdrup oil field inaugurated by Norwegian PM Erna Solberg

Equinor said that the Johan Sverdrup oil field operated by it in the Norwegian North Sea has been officially inaugurated by Erna Solberg, the Prime Minister of Norway. In October 2019, Equinor and its partners Lundin Norway, Petoro, Total, and Aker BP started production from the first phase development of the Norwegian oil field. Since then, […]

Matapal gas project : Maersk Drilling bags contract for Maersk Discoverer

Matapal gas project : Maersk Drilling bags contract for Maersk Discoverer

Matapal gas project : Maersk Drilling has bagged a three-well contract worth around $78 million for the Maersk Discoverer semi-submersible rig from oil and gas giant BP to carry out development drilling at the offshore gas project in Trinidad and Tobago. The drilling contract for the Danish drilling rig operator is expected to come into effect […]

Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions has bagged a contract worth around NOK 700 million ($76.95 million) from Aker BP for the supply of the subsea production system for the Ærfugl project (formerly Snadd field development) in the Norwegian Sea. The subsea delivery for the Norwegian oil project includes wellheads, vertical subsea trees, control […]

BP announces Ginger gas discovery near Cashima Field offshore Trinidad

BP announces Ginger gas discovery near Cashima Field offshore Trinidad

Ginger gas discovery : BP Trinidad & Tobago (BPTT) has pulled off a gas discovery through the drilling of the Ginger exploration well near the producing Cashima Field, offshore Trinidad. The well is likely to be completed by the end of this month with the BP subsidiary to continue evaluating its results after the completion […]

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