Engineering Exploration Well Upstream 
Oilfield Technology
JULY 14, 2025
Jeremy Angelle, Vice President of Well Construction said, “With our extensive track record and a reputation as a trusted provider of TRS solutions, we are proud to play a key role in this world-class development. Please sign in or register for free.
Oilfield Technology
JUNE 20, 2025
The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. million bbl of oil equivalent in Triassic reservoir rocks.
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Oil & Gas 360º
MARCH 6, 2025
The bid round is expected to attract foreign investors and drive exploration activities across Libyas resource-rich basins, enabling global energy companies to engage in a market that has remained largely unexplored for nearly two decades. Meanwhile, the Sabratha Compression Project is in execution, with startup expected later in the year.
Rextag
APRIL 16, 2025
The discovery comes amid BP's broader pivot away from rapid renewables expansion toward reinforcing its upstream oil and gas portfolio to meet investor expectations and improve financial performance. Gulf Remains Core to BP's Growth The Gulf of America remains a critical area for BPs upstream operations.
Oil Gas Leads
APRIL 29, 2025
Looking ahead, BP plans to drill around 40 exploration wells over the next three years , underscoring its ambition to expand its upstream production base. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. billion (up from $1.2 billion in Q4 2024) Pre-tax Earnings (RCPBIT): $4.5
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