Tag: BP
BP selling Jonah gas operations in Wyoming
BP has agreed to sell its interests in the Jonah and Pinedale upstream operations in Wyoming to LINN Energy, LLC. BP gains Angola acreage for deepwater exploration
BP has gained access to an additional five production and deepwater exploration blocks offshore Angola, giving the company a leading position in the country with interests in 32,650 square kilometers over nine blocks. TNK-BP invests USD 10 billion
TNK-BP, the Russian joint venture of BP, is set to invest USD 10 billion in its Arctic oil fields, enabling export of its huge reserves in the region to Chinese markets by 2016. Reliance and BP join forces
According to MarketWatch, U.K.-based BP PLC is spending USD $7.2 billion to buy a 30% stake in oil and gas blocks controlled by Reliance Industries in India.
BP Venezuelan interests
BP is selling its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for USD 1.8 billion in a cash only deal.
World’s deepest oil and gas well
Transocean Ltd has announced that its ultra-deepwater semi-submersible rig Deepwater Horizon has drilled the deepest oil and gas well ever while working for BP and its co-owners on the Tiber well in the US Gulf of Mexico.
