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

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 ...

UK supermajor BP has resumed exploration activities offshore Brazil with the drilling of the ... 13 June drilling of the Pau Brasil exploration well in the production sharing contract of the ...

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 ...

Brazil's environmental authority has approved one of the final requirements for state-run oil company Petrobras to proceed ...

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.

Energy giant BP on Monday said one of its exploration wells had found oil in ... of the 24,000-foot-deep Green Canyon Block 584 well that it owns with Chevron. “We are focused on delivering ...

In Brazil, BP will have access to deepwater exploration in eight blocks in the Campos and Camumu-Almada basins, as well as two onshore licenses in the Parnaiba basin. Petroleo Brasileiro SA ...

Energy giant BP is standing by its decision to drill an exploratory well in a marine refuge off ... However, those rules allow oil exploration, including drilling. "We've been working very closely ...