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ISLAMABAD, Nov 25 (Reuters) - Pakistan's biggest listed firm, the Oil and Gas Development Co. Ltd. (OGDCL) , is mulling a joint bid for BP's assets in Pakistan and has a Dec. 6 deadline to make an ...
KARACHI, Dec 14: British Petroleum (BP) announced on Tuesday it had entered into an agreement to sell almost all of its exploration and production assets in Pakistan to United Energy Group Limited ...
BP Pakistan currently generates a net production of approximately 35,000 barrels of oil equivalent a day (boed) and gas production is approximately 200 million standard cubic feet per day.
BP Plc, seeking cash to help pay for the worst-ever U.S. oil spill, informed the governments of Vietnam and Pakistan that it put its production assets in the countries up for sale.
BP reportedly bought some of its assets in Pakistan from another foreign company, routing the money through international banks, before it eventually decided to sell off its assets to UEG.
Crews in the Gulf of Mexico drilling the final feet of a relief well intended to permanently plug BP's oil well will have to wait two to three days as a tropical depression passes over the site.
LONDON (MarketWatch) -- BP PLC's (BP) Pakistan assets will probably be sold to the state-owned oil and gas operator for about GBP400 million after Premier Oil PLC (PMO.LN) last week announced it ...
BP Plc <BP.L> said on Thursday it had withdrawn from a consortium bidding for a 51 percent stake in Pakistan State Oil <PSO.KA> after a "regular review" of its global refining and marketing business.
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