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.

(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 ...

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

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 ...

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.

Santa Ana said “BP has other exploration projects in other parts of the world that are lower risk. In today's environment, there is a limit to investments” British oil major BP has halted its ...