Oil & Gas 360º

APRIL 14, 2025

bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. The well was drilled to a total depth of 23,830 feet. bp expects to grow its global upstream production to 2.3 onshore and offshore regions by 2030.

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Oil Exploration and Production Sidetracking Upstream 130

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.

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Exploration and Production Oil Field Offshore 130

Oil & Gas 360º

MARCH 10, 2025

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.

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E&P Exploration and Production Oil Field 130

Egypt Oil & Gas

APRIL 16, 2025

In a statement , the company said that it drilled the exploration well in Green Canyon Block 584, located in western Green Canyon, about 120 miles off the coast of Louisiana, in water depths of 4,092. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs.

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Oil Sidetracking Exploration and Production Exploration Well 52

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. onshore and offshore regions, including the Gulf of America. BP is also targeting 2.32.5

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Oil Upstream Exploration Well Barrel 52

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. Quarterly Drilling Activity Comparison Q1 2024 Activity Count: 52 wells Q1 2025 Activity Count: 56 wells Year-over-Year Change: +7.7% billion (up from $1.2

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Oil Exploration and Production Drilling rig Consulting 52

Rextag

MAY 8, 2025

The company noted that the output was in line with expectations, despite ongoing offshore development challenges (e.g., BP achieved upstream plant reliability of 95.4%, one of its best on record, and refining availability at 96.2%. TWh , the same as Q1 2024. Empire Wind in the U.S.). billion Net Income: $2.63 billion, down from $10.3

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Exploration and Production Energy Energy Basin 40