Oil & Gas 360º

APRIL 14, 2025

Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs. This discovery in the deepwater Gulf of America/Gulf of Mexico underscores how bp is in action to step up investment in exploration and strengthen its upstream portfolio under the strategy reset announced in February 2025.

Oil

Egypt Oil & Gas

APRIL 16, 2025

Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs. We are focused on delivering more affordable and reliable energy from this region, building our capacity to over 400,000 barrels of oil equivalent per day (bbl/d) by the end of the decade, he added.

Oil

Rextag

APRIL 16, 2025

BP Targets 400,000 boe/d in Gulf with New Discovery BP has made a new oil discovery in the deepwater Gulf of America, signaling a renewed commitment to traditional energy resources as the company continues a high-profile strategic reset. The initial well and a sidetrack successfully encountered oil in high-quality Miocene-age reservoirs.

Oil