BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks ...

BP operates the Far South project with a 57.5% stake, alongside Chevron U.S.A. Inc. (NYSE: CVX), which holds 42.5%. The field ...

bp has discovered oil at the Gulf of Mexico Far South prospect 120 miles off the coast of Louisiana. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs ...

King Resources has inked a deal with Capco Energy to operate and earn a 50% working interest in Vermilion Blocks 112 and 113 ... developed projects in the Gulf of Mexico, the North Sea, offshore ...

Petrobras did not specify to whom it sold the blocks. Shell which is Europe’s biggest oil company at the beginning of last month said it was interested in acquiring assets in the Gulf of Mexico ...

Installed in 2,860 feet (871.7 m) of water, the Auger TLP reportedly set a world water-depth record for a drilling and production platform, and surpassed the existing Gulf of Mexico record by more ...

Mexican President Andres Manuel Lopez Obrador said that his government is not seeking to take control of the Zama oilfield discovery ... offshore in the southern Gulf of Mexico, was discovered ...

BP has made an oil discovery at the Far South field in the US Gulf of Mexico, it said today, as the energy major seeks to ...

BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday ... It has approved the development of the Kaskida oilfield, which lies in a complex geological ...