UK supermajor BP has started drilling a new exploration well in the deepwater section of the Brazilian pre-salt polygon that ...

UK supermajor BP has resumed exploration activities offshore Brazil with the drilling of the first wildcat in the prolific pre-salt province in more than 10 years. According to data from Brazilian ...

BP Plc is preparing a deepwater well in Brazil in the latest attempt to break a streak of bad luck by oil majors who have paid billions for exploration rights and have little to show for it.

The deal gives BP seven exploration blocks in Brazil's Campos basin, which is a very promising oil basin in its own right, home to a number of significant producing oil fields.

BP, which overtook Exxon for the first time last year with 4 million barrels a day of production, will enter deepwater exploration off Brazil. With his biggest purchase since becoming chief ...

It was announced on Monday that many of the major oil giants – including Shell, ExxonMobil, and BP – had come ... were slow to prioritise exploration efforts. Brazilian Association of ...

Shell, BP, and Total ... only DEA Deutsche Erdoel doesn’t currently have an exploration and production contract for oil and/or gas in Brazil. The regulator has received a total of 12 ...

BP and Total, Europe’s biggest oil companies after Shell, won exploration rights in the Amazon basin as Brazil’s first oil auction in five years attracts a record level of bids. Total ...

BP largely abandoned exploration of new oil and gas frontiers ... The group has 15 oil and gas projects, including in Canada, Brazil, Senegal and Mauritania, which it is considering developing ...

What BP is doing in Brazil is a high-risk exploration project. This is not a field that has not been explored at all. There has been exploration in the area, and it has turned up zero barrels of oil.

The minister cited state-run ONGC’s recent collaboration with BP for the Mumbai High offshore field and Oil India Ltd’s ...

(Bloomberg) — BP Plc is preparing a deepwater well in Brazil in the latest attempt to break a streak of bad luck by oil majors who have paid billions for exploration rights and have little to show for ...