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

According to data from Brazilian market regulator ANP, BP started on 13 June drilling of the Pau Brasil exploration well in the production sharing contract of the same name in the Santos basin.

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.

However, BP’s move in Brazil, as well as similar moves by other Big ... What BP is doing in Brazil is a high-risk exploration project. This is not a field that has not been explored at all.

BP said the Pitanga exploration well on Block BM-CAOL-13 in the Camamu-Almada basin, offshore Brazil, found no commercial quantities of oil or gas. The company said it would therefore write off $1 ...

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 ...

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 ...

LONDON, May 10 (Reuters) - BP (BP.L), opens new tab is ramping up oil exploration and drilling activity ... or exploratory, well far off the east coast of Canada which could open a new oil ...

(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 ...