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Exploration & Development

DONG Energy divests five Norwegian oil and gas fields to Faroe Petroleum

DONG E&P Norge AS (DONG Energy) divests its ownership shares in five producing Norwegian oil and gas fields to Faroe Petroleum Norge AS (Faroe). The fields are Trym,…
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BP announces final investment decision to expand Indonesia’s Tangguh LNG facility

Project will create 10,000 new jobs and support economic growth in Papua Barat Province BP, on behalf of Tangguh Production Sharing Contract Partners, today announced that the Final…
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BP sanctions “fast-track” development of Atoll discovery in Egypt

BP announced today that together with the Egyptian Natural Gas Holding Company (EGAS), it has sanctioned development of the Atoll Phase One project which is an early production scheme…
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BP and Rosneft create joint venture to develop prospective resources in East and West Siberia

Rosneft and BP have today signed final binding agreements to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in…
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