BP Refocuses On Upstream Growth As Namibia Move Meets Valuation Gap

BP (LSE:BP.) is taking operator status in a new offshore oil exploration block in Namibia's Walvis Basin. New CEO Meg O’Neill ...
Oilfield Technology

bp acquires interest in three Namibian exploration blocks

Subject to Namibian government approvals, bp will be the operator of three blocks – PEL97, PEL99 and PEL100 – offshore Namibia in the Walvis Basin, with Eco Atlantic remaining ...
Seeking Alpha

BP makes new oil discovery off Louisiana coast

BP (NYSE:BP) +3.1% pre-market Monday after saying it discovered oil at the U.S. Far South prospect in the Gulf of Mexico, with preliminary data supporting a potentially commercial volume of ...
Seeking Alpha

BP confirms oil and gas discovery in Namibia’s offshore Orange Basin

BP (NYSE:BP) on Monday confirmed an oil and gas discovery in Namibia's offshore Orange Basin that African energy explorer and operator Rhino Resources had reported earlier this month, an area where ...
Crude Oil Prices

BP and Azerbaijan’s SOCAR to Explore for Gas Offshore Israel

A consortium of UK-based supermajor BP, Azerbaijan’s state oil and gas firm SOCAR, and Israeli company NewMed Energy on Monday signed a licensing agreement to explore for natural gas offshore Israel, ...
Interfax

BP, Azerbaijan discuss Caspian projects Karabagh, Shafag-Asiman, prospects of Babek structure

UK oil and gas major BP plc's regional president for Azerbaijan, Georgia and Turkey, Giovanni Cristofoli and Azerbaijan's Energy Minister Parviz Shahbazov discussed the current situation on energy ...
Upstream

BP and India's ONGC boost production at flagship offshore asset

ONGC last year brought on board BP as technical services provider to help revive oil and gas production at ageing flagship field India's state-controlled Oil & Natural Gas Corporation (ONGC) and UK ...