British Petroleum announced Wednesday a giant oil discovery at its Tiber Prospect in the ... emerging Lower Tertiary area of the Gulf of Mexico and its first major discovery in that area was ...

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 ...

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 ...

The Tiber discovery is located approximately 300 miles south-west of New Orleans in the Keathley Canyon of the Gulf of Mexico ... The Kaskida field is situated approximately 250 miles south ...

UK supermajor BP is considering selling minority stakes in its key Kaskida and Tiber projects in the Gulf of Mexico ... and was on track for first oil in 2029. Kaskida, he noted, has “some ...

BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday ... ahead with a second Paleogene development, Tiber, later this year, CEO Murray Auchincloss ...

The Department of Interior Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels ...

Shell Offshore Inc., a subsidiary of Shell plc, has commenced production at the Dover field in the Gulf of Mexico, a key ...

BP made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday. Both the ...