286 results found for 'bp egypt gas'

286 results found for 'bp egypt gas'
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  • New COO elected at Wintershall Dea

    10 March 2020
    Business & Finance

    Oil and gas company Wintershall Dea has appointed a new chief operating officer (COO) of the company.

  • BP Q3 profit drops

    28 October 2014
    Business & Finance

    BP has recorded third quarter earnings 20% lower than the same period last year due to lower oil prices. Underlying replacement cost profit for the quarter was $3.0 billion, compared with $3.7 billion for the same period in 2013. Operating cash flow for the quarter was $9.4 billion, compared with $6.3 billion in 3Q 2013. Total operating cash flow for the […]

  • BP on Track to Meet 2014 Targets

    29 July 2014
    Business & Finance, Operations & Maintenance

    BP has announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the $3.2 billion result for the first quarter of 2014. The company also announced a […]

  • Saipem clinches deals worth $1.2 billion in Guyana and Egypt

    15 December 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Saipem has secured new offshore contracts with a total value of approximately $1.2 billion for work in Guyana and Egypt.

  • ADES in new CFO appointment

    7 September 2017
    Business & Finance

    ADES International Holding has named Ahmed El-Khatib as a chief financial officer (CFO) with immediate effect. ADES is a London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries. The group operates a fleet of nine jack-up offshore drilling rigs, three onshore drilling […]

  • Top news of the week February 16 – 21, 2015

    22 February 2015

    CNOOC abandoning FLNG plans, eyeing cheaper option China National Offshore Oil Corporation has reportedly given up on FLNG option to develop its South China Sea gas discovery. BP: LNG to show dramatic growth dominating trade Despite the dramatic recent weakening in global energy markets, ongoing economic expansion in Asia, particularly in China and India, will […]

  • BP CEO: A very solid start to 2014

    29 April 2014
    Business & Finance

    BP today announced its financial results for the first quarter of 2014. Underlying replacement cost profit for the quarter was $3.2 billion, compared with $2.8 billion for the previous quarter and $4.2 billion for the first quarter of 2013. Operating cash flow in the quarter was $8.2 billion.   The company also announced a quarterly […]

  • Top news of the week February 16 – 21, 2015

    22 February 2015

    CNOOC abandoning FLNG plans, eyeing cheaper option China National Offshore Oil Corporation has reportedly given up on FLNG option to develop its South China Sea gas discovery. BP: LNG to show dramatic growth dominating trade Despite the dramatic recent weakening in global energy markets, ongoing economic expansion in Asia, particularly in China and India, will […]

  • Popular news, March 9 – 15, 2015

    15 March 2015

    The article that you have read the most during this past week was about a jack-up drilling rig, but not just any old jack-up rig, this one was the first ever to drill an offshore well in the UK North Sea. You have also read about a worker that died in an accident on Saturday morning […]

  • Highlights of the Week

    20 March 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (March 14 – March 20). Aker Solutions is reducing management and other staff of its subsea business in Norway. As many as 600 permanent positions at facilities in Fornebu, Moss, Tranby and Ågotnes may be affected. Workforce reductions will […]

  • Europe eyes gas-rich African nations for new supplies, Rystad says

    12 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Africa is conservatively forecast to reach peak gas production at 470 Bcm by the late 2030s, according to Rystad Energy research.

  • BP CEO Tony Hayward to Step Down and be Succeeded by Robert Dudley

    27 July 2010
    Business & Finance

    BP today announced that, by mutual agreement with the BP board, Tony Hayward is to step down as group chief executive with effect from October 1, 2010. He will be succeeded as of that date by fellow executive director Robert Dudley. BP chairman Carl-Henric Svanberg said: “The BP board is deeply saddened to lose a […]

  • UK: BP Posts Q3 Results

    29 October 2013

    BP announced its financial results for the third quarter of 2013. Underlying replacement cost profit for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive and sustainable dividend policy, BP also announced that it […]

  • BP to Raise $10 Bln Through New Divestments by 2015 End

    29 October 2013

    BP today announced its financial results for the third quarter of 2013. Underlying replacement cost profit for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive and sustainable dividend policy, BP also announced that […]

  • BP Sees Strong Operational Progress Across Group

    29 October 2013
    Business & Finance, Operations & Maintenance

    BP announced its financial results for the third quarter of 2013. Underlying replacement cost profit1 for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive and sustainable dividend policy, BP also announced that it […]

  • BP Marks Solid Start to 2014

    29 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    BP reported its financial results for the first quarter of 2014. Underlying replacement cost profit for the quarter was $3.2 billion, compared with $2.8 billion for the previous quarter and $4.2 billion for the first quarter of 2013. Operating cash flow in the quarter was $8.2 billion. The company also announced a quarterly dividend of […]

  • ‘Performing while transforming’ pays off for BP as it joins other oil majors in profit bonanza

    7 February 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    After BP more than doubled its annual profit in 2022 on the back of high oil and gas prices, the oil major is now caught in environmentalists’ crosshairs.

  • Subsea UK Backs MATE ROV Challenge

    5 February 2016
    Business & Finance, Equipment, Research & Development

    Subsea UK has committed £20,000 to the Scottish MATE ROV competition, the industry body announced at Subsea Expo. The initiative, organised by the Robert Gordon University, encourages young engineers to design and test underwater machinery with help from industry mentors. Subsea UK joins BP, which has supported the competition since its first year, as headline sponsors, […]

  • Major oil and gas discoveries in 2019, Vol. 1

    1 January 2020

    The first batch of major offshore oil and gas discoveries of the year listed in chronological order.

  • Valaris picks up bag of new contracts for rig fleet

    14 February 2020
    Business & Finance, Exploration & Production

    Offshore drilling contractor Valaris, formerly known as EnscoRowan, has been awarded a new batch of contracts and extensions with Eni, BP, Premier Oil, Kosmos, Walter Oil & Gas, and an undisclosed operator in Australia.

  • Sapura nets $315M in new contracts

    12 April 2019
    Business & Finance

    The batch of new deals, among others, will see Sapura enter the Egyptian market, as well as work for the Oz Navy

  • USA: Apache Completes Merger With Mariner Energy

    11 November 2010
    Business & Finance

    Apache Corporation  announced that it has completed its merger with Mariner Energy . The merger closed  following its approval by Mariner’s stockholders and subsequent completion of documentation. Apache issued approximately 17.5 million shares of its common stock and paid approximately $800 million in cash to Mariner stockholders. Apache also assumed Mariner’s debt with current fair […]

  • OneSubsea inks two 5-year frame agreements with BP

    16 March 2016
    Business & Finance

    OneSubsea, a Cameron and Schlumberger company, has signed two 5-year global frame agreements (GFA) with BP to provide engineering, procurement, and construction (EPC) of subsea production systems (SPS) and subsea aftermarket services. According to OneSubsea, both GFAs have been specifically designed and formulated to accommodate supplier-led solutions. The agreements provide a framework for worldwide supply […]

  • LetterOne to buy RWE Dea for $7.1B

    17 March 2014

    Germany’s RWE Aktiengesellschaft and LetterOne Group have today agreed terms for the sale of RWE Dea AG for approximately 5.1 billion Euro (USD 7.1 billion)

  • Saipem wins Zohr job worth over $1.2 billion

    20 December 2018
    Business & Finance

    Saipem and Petrobel have negotiated an offshore contract addendum worth more than $1.2 billion for activities related to the Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.