Canadian Overseas Petroleum Ltd. (COPL) reiterated its commitment to its asset in Liberia in its results for the year ending December 31, 2016. COPL stated that it and its partner ExxonMobil remain committed to interpreting the data collected from drilling the Mssurado-1 well. Arthur Millholland, president and CEO of the company, said that while COPL […]

BP has commenced trial operations at its North Alexandria concession offshore Egypt. According to the country’s Minister of Petroleum and Mineral Resources Tarek El Molla, the fields are to be linked to the national grid and brought online this year. El Molla’s comments came following President Abdel El Sisi’s meeting with the CEOs of BP, Rosneft, […]

BP has made its third gas discovery on Egypt’s North Damietta Offshore Concession in the East Nile Delta. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 meters in a water depth of approximately 108 meters using the El Qaher II jack-up rig. The UK-based company said in a statement that […]