British Petroleum

BP plans to inject new investments in Egypt amounting to $1.5B

Mon, 19 Feb 2024 - 02:55 GMT

This comes in light of maximizing the use of land and maritime facilities established to accelerate development and production plans to meet the growing demand of the local market, and to support the state’s efforts to export surplus energy, according to statements by the CEO of British Petroleum, Murray Auchincloss.

Sisi: Impediments facing BP’s work need to be removed to advance oil exploration, production in Egypt

Mon, 14 Feb 2022 - 07:43 GMT

BP’s CEO, Mr. Looney, lauded President El-Sisi’s wise leadership and ambitious vision, which have led Egypt to become a successful economic and developmental model, at both the regional and international levels.

Oil minister confers with BP delegation on means of enhancing joint ventures

Tue, 16 Feb 2021 - 02:49 GMT

He pointed out to recent agreements signed with a number of major international companies with the aim of flourishing the oil sector and adding new reserves to Egypt's mineral wealth.

BP starts natural gas production from Kattameya field

Mon, 26 Oct 2020 - 12:14 GMT

The Kattameya field is located in the North Damietta offshore concession area.

Sisi hopes BP to increase investments in Egypt

Tue, 11 Feb 2020 - 02:30 GMT

President Abdel Fattah El Sisi met on Tuesday with CEO of British Petroleum (BP) company Bernard Looney on the sidelines of Egypt Petroleum Show "EGYPS 2020".

Oil minister confers with BP officials on new gas projects

Mon, 09 Dec 2019 - 02:47 GMT

The meeting took up the company's activities in Egypt and the development of new gas projects as well as present and future plans.

Leviathan Zohr gas field sees peak production in 2019

Tue, 12 Feb 2019 - 10:36 GMT

With a $1.8 billion investment from British Petroleum (BP), the country’s gas output is expected to reach peak production in 2019.

UPDATE 1-Egypt approves BP purchase of 25 pct of Nour gas concession

Sun, 09 Dec 2018 - 03:10 GMT

BP and UAE-based Mubadala Investment Co are to buy stakes in the Nour deepwater gas concession off the northern coast of Sinai.

Petroleum min., BP official discuss expanding in ship refueling

Thu, 26 Apr 2018 - 01:49 GMT

The meeting came as part of talks that kicked off in February in London to follow up underway efforts and steps to turn Egypt into a regional energy hub.

West Nile Delta to provide 25% of local gas needs

Tue, 17 Apr 2018 - 11:01 GMT

BP’s West Nile Delta project is expected to provide 25 percent of Egypt’s local gas needs after adding all the project’s fields in production.

Egypt’s 10 concessions to drill for gas in Mediterranean Sea

Thu, 22 Feb 2018 - 12:36 GMT

Egypt's natural gas reserves in the Mediterranean and the Nile Delta reach about 122 trillion cubic feet of natural gas.

Power plants consume more gas because of heat wave: EGAS

Sun, 16 Jul 2017 - 06:00 GMT

Gas consumption of power plants increased to 4.1 billion cubic feet of gas per day (cf/d) in July, compared to 3.8 billion cf/d last month.

Egypt begins to reap fruits of 3-year oil investments

Fri, 07 Apr 2017 - 11:30 GMT

Egypt has started to reap the fruits of investments injected into its oil sector during the last three years, with the British Petroleum (BP)-operated Taurus/Libra gas fields, known as the West Nile Delta project, being connected to the national natural g