Topic: Oil and Gas Exploration and Drilling
BP to pay £4.7 bln for Devon Energy assets
AFP European Edition
Oil giant BP said Thursday it will pay US firm Devon Energy $7 billion (£4.7 billion) for assets in Brazil, Azerbaijan and the Gulf of Mexico. "BP today announced a transaction that will deliver a material exploration position in the deepwater offshore Brazil and significantly enhance its position in ...
BP to pay 7 bln dlrs for Devon Energy assets
AFP Global Edition
British oil giant BP said Thursday it will pay US firm Devon Energy 7.0 billion dollars (5.1 billion euros) for assets in Brazil, Azerbaijan and the Gulf of Mexico. "BP today announced a transaction that will deliver a material exploration position in the deepwater offshore Brazil and significantly ...
Report: BP is pursuing Devon Energy assets
AP News
Report: BP PLC emerges as leading candidate for Devon Energy's Gulf, international assetsBP PLC, Europe's second-largest oil company, is the leading candidate to purchase assets worth more than $5 billion from independent oil and gas producer Devon Energy, the Wall Street Journal said Wednesday. BP is expected to ...
East Africa new frontier for oil exploration
AFP Global Edition
East Africa has become a promising new frontier for oil exploration and major multinationals are jostling for the rights to search for black gold, industry experts said. "There are still large areas which are essentially unexploited and major efforts are needed in East Africa," Tiziana Luzzi-Arbouille, an African specialist with ...
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