Tag archive for ‘BP’
By Soujanya Ravi On Sunday, March 3rd, 2019

BHP sanctions $696m funding for the Atlantis Phase 3 project

(adsbygoogle = window.adsbygoogle || []).push({}); Oil and gas industry news : BHP has approved $696 million funding for the Atlantis Phase 3 project, an offshore oil project in the US Gulf of Mexico to More...

By businessnewstoday On Thursday, December 27th, 2018

Ares Management acquires 430MW wind farms in Texas from BP Wind Energy

Wind industry news : Ares Management said that a fund managed by its Infrastructure and Power strategy has completed acquisition of three operating wind farms in Texas with a combined capacity of 430MW from BP More...

By businessnewstoday On Sunday, November 25th, 2018

BP starts production from £4.5bn Clair Ridge project in Scottish waters

Oil and gas industry news : BP and its partners have commenced production from the £4.5 billion worth Clair Ridge project located in Scottish territorial waters to exploit an estimated seven billion barrels of More...

By businessnewstoday On Monday, November 19th, 2018

Expro bags 4-yr contract extension from BP for Shah Deniz Stage 2 project

UK-based oilfield services company Expro has secured a four-year contract extension from BP for the $28 billion Shah Deniz Stage 2 project offshore Azerbaijan as per the latest oil and gas industry news. Shah Deniz More...

By businessnewstoday On Sunday, June 24th, 2018

Mubadala Petroleum joins Shorouk Block in Egypt through $930m deal with Eni

Energy acquisition news : Abu Dhabi-based Mubadala Petroleum has forayed into the Shorouk Block, an Egyptian offshore concession in the Mediterranean Sea by completing its acquisition of a stake of 10% for $930 More...

By businessnewstoday On Tuesday, February 13th, 2018

BP’s $1bn Atoll Phase One offshore gas project in Egypt begins production

British oil and gas major BP has commenced gas production from Atoll Phase One, an offshore gas project that has been developed with an investment of about $1 billion in Egypt. Located in the North Damietta block More...