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Badawi Discusses Natural Gas Investment Plans with bp

Egypt Oil & Gas

Earlier this year, bp started production from the second development phase of the Raven field, offshore the Mediterranean. The new wells are expected to produce approximately 220 billion cubic feet (bcf) of natural gas and 7 million barrels (mmbbls) of condensate.

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Var Energi Makes Gas, Condensate Find Offshore Norway

Rigzone

Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Var Energi Makes Gas, Condensate Find Offshore Norway by Andreas Exarheas | Rigzone Staff | Wednesday, July 23, 2025 | 10:09 AM EST 'Vidsyn is an exciting discovery', SVP Exploration at Var Energi, Luca Dragonetti, said. Var Energi has a 75 percent operated interest in the find.

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Factbox-Energy assets affected by Russia-West standoff and sanctions

Oil & Gas 360º

Here is a summary of some of the energy assets and companies affected: SAKHALIN-1 OIL AND GAS PROJECT Exxon MobilCorp (NYSE: XOM ) held a 30% operator stake in Sakhalin-1, which is a project to develop oil and gas off the coast of Sakhalin Island. Russian company Rosneft, Indias ONGC Videsh and Japans SODECO were partners.

Energy 130
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BP Enters Into Series of Azerbaijan Deals

Rigzone

billion and that the company operates the Shah Deniz gas field with a 29.999 percent participating interest. “They also include agreements for BP to access to two new exploration and development licenses and introduce a new partner to accelerate exploration on a third,” the company added.