ISLAMABAD, Nov 25 (Reuters) - Pakistan's biggest listed firm, the Oil and Gas Development Co. Ltd. (OGDCL) , is mulling a joint bid for BP's assets in Pakistan and has a Dec. 6 deadline to make an ...
ISLAMABAD, Dec 7 (Reuters) - A bid by Pakistan's biggest listed firm, Oil and Gas Development Co. Ltd. (OGDCL), for BP's local assets has been delayed because of a legal issue, company officials said.
KARACHI, July 21-- BP PLC has reportedly decided to divest its exploration and production operations in Pakistan by yearend, according to company spokesperson. “You will see actual transaction taking ...
HOUSTON, Dec. 14-- United Energy Group Ltd. (UEG) agreed to pay $775 million to BP PLC for its upstream assets in Pakistan, which include nine producing and exploration blocks in Sindh province and ...
NEW YORKNEW YORK — BP PLC plans to sell company assets in Vietnam and Pakistan to help pay for the oil spill in the Gulf of Mexico. A spokesman for the British oil giant told The Associated Press on ...
In the process of collecting cash to pay off the Gulf of Mexico disaster-related costs, BP plc (NYSE:BP) has signed a deal with Hong Kong-based United Energy Group Limited (“UEG”) for the planned ...
BP is poised to sell its exploration and production operations in Pakistan, as well as some Vietnamese assets, as part of a $10 billion fire sale to free up cash to help it meet its liabilities ...
BP announced on Dec.c 14 that it had entered into an agreement to sell almost all of its exploration and production assets in Pakistan to United Energy Group Limited (UEG). UEG will pay BP a total of ...
KARACHI (Reuters) - Pakistan's central bank cut its key policy rate by a record 250 basis points to 15% on Monday, exceeding expectations, as the country bid to revive a sluggish economy amid a big ...
MerchantBridge, a London-based investment bank, has joined forces with BP in the bidding, the Times said. MerchantBridge managing partner Basil al-Rahim was quoted as saying: "Pakistan's economy is ...
Adding to its war chest for the costs of the oil spill in the Gulf of Mexico, BP announced Tuesday it would sell almost all of its assets in Pakistan for $775 million to United Energy Group. BP ...