Green Car Congress

MARCH 12, 2010

Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. billion in cash. BP group chief executive Tony Hayward.

Oil-Sands 186

Oil-Sands Oil Azerbaijan Mexico 186

Green Car Congress

FEBRUARY 24, 2014

The first Na Kika Phase 3 well began oil production on 19 February, with a second well expected to start up in the second quarter. Na Kika Phase 3 is BP’s third new major upstream project to begin production so far in 2014, following the earlier start-ups of the Chirag Oil project in Azerbaijan and the Mars B project in the Gulf of Mexico.

Mexico 220

Mexico Azerbaijan 2003 2014 220

Green Car Congress

JANUARY 1, 2014

BP also confirmed the recently-announced Pitu oil discovery in the frontier deepwater of the Potiguar basin off Brazil’s equatorial margin, announced by Petrobras. billion barrels of oil equivalent, according to Cobalt. The discovery well encountered both a high liquids content gas interval and an oil interval. Click to enlarge.

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Angola Mexico Brazil 2013 220