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BP takes operatorship of three Namibia blocks as Eco Atlantic farm-down closes

 Eco (Atlantic) Oil & Gas has completed the farm-down of a 60% participating interest in its three offshore Namibia exploration licenses to bp, which has taken over as operator. The deal closed after Namibia’s minister of industries, mines and energy signed the transfer and renewal deeds on Nov. 9, moving the licenses into their next […]

BP identifies hydrocarbons in Brazil’s deepwater Tupinambá exploration well

BP has identified hydrocarbons in an exploration well at the deepwater Tupinambá block in Brazil’s Santos Basin, where Shell’s 50% working interest remains subject to regulatory approval. The company informed Brazil’s National Agency for Petroleum, Natural Gas and Biofuels (ANP) of the hydrocarbon presence in well 1-BP-14-SPS, located 275 kilometers off the Brazilian coast in […]

Mauritania awards two offshore contracts to Murphy Oil

Mauritania’s energy ministry said Tuesday it signed two production-sharing contracts with Murphy Oil for the C10 and Tiof offshore ‌blocks; financial details were not disclosed. Mauritania and ​Senegal want to use vast offshore gas resources from the Greater Tortue Ahmeyim project, operated by BP with ​Kosmos Energy, and other fields for liquefied natural ​gas exports […]

SLB, BP ink deal for seismic data processing at Karabakh field in Caspian Sea

Oilfield services corporation SLB has signed an agreement with BP to process seismic data as part of the development of the Karabakh field in the Caspian Sea, Report informs citing SLB. This contract is a logical continuation of two previously concluded agreements for other offshore oil and gas projects in the Caspian, where BP acts […]

Iraq discusses oil and gas development with BP, ConocoPhillips

Baghdad (IraqiNews.com) – Iraqi Oil Minister Basim Khudair and representatives from British Petroleum (BP) and Texas-based ConocoPhillips discussed on Monday the development of Iraq’s oil and gas industry. The meeting held in Baghdad included BP’s Iraq director Zaid al-Yasiri, Nader Zaki, Ariel Flores, and ConocoPhillips representative William Arnold, as well as senior Iraqi officials in […]