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NEWS |
BP IR35 Decision – Contractors Must Go PAYE – No PSCs
The BP IR35 decision is that they will take no more personal services company contractors. It will have to be PAYE in some form or other, either via Harvey Nash, the main agency or through an umbrella (...)
NEWS |
Outgoing BP CEO Warns of Moving Too Fast on Climate Change
BP Plc’s outgoing Chief Executive Officer Bob Dudley warned Big Oil of moving too fast on investing in new technologies to counter climate change, because their failure could lead to financial ruin.
NEWS |
Blockade slashes Libya's oil output to 320,000 bpd - NOC
Libya’s National Oil Corporation (NOC) said on Saturday that oil production had dropped to 320,154 barrels per day (bpd) by Jan. 23, from 1.2 million bpd before a week-long blockade that has shut down (...)
NEWS |
Oil supermajor BP backs offshore wind for lift-off
BP named offshore wind top of a list of key technologies it deems ready for commercial lift-off, fuelling expectations that the oil supermajor will soon join peers such as Shell, Equinor and Total in (...)
NEWS |
BP appoints new finance chief as Looney prepares to take over
BP’s finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of Bernard Looney who takes over as chief executive next month.
NEWS |
BP “Pulls Out” of Kirkuk Oilfield
BP has reportedly finished its work at Iraq’s giant Kirkuk oilfield.
NEWS |
BP finance chief to retire amid further reshuffle at oil major
BP’s chief financial officer Brian Gilvary will retire from the oil and gas major in June, despite saying he would be “sticking around” as the group begins life under a new chief executive next month.
NEWS |
Will the Premier investment drive further North Sea investment
The bumper North Sea deals announced by Premier Oil yesterday will encourage hopes the shake up in the area triggered by the oil price fall will provide a long term boost to activity.
NEWS |
Premier Oil to buy BP North Sea assets for $625 million
Premier Oil is set to buy stakes in North Sea oilfields Andrew and Shearwater from BP for $625 million and increase its stake in the Tolmount gas project buying a bigger stake from Dana for $191 milli (...)
NEWS |
Shipping giants debut LNG and hydrogen vessels
Multinational fuel giant Tristar has added a liquefied natural gas (LNG) tanker to its international shipping fleet for the first time, in the same week that Kawasaki Heavy Industries debuted the worl (...)
NEWS |
Don’t get too excited – OPEC needs to do more in 2020
The 14-country OPEC bloc, Russia, and a host of other OPEC+ countries agreed on 6 December 2019 to bump up the group’s target oil-production cuts by just over half a million barrels per day, from 1.19 (...)
NEWS |
Energy giants BP and Chevron pour $116.5million into oil and gas exploration in Australia - potentially creating hundreds of well-paid jobs
Energy companies BP and Chevron have committed $116.5 million to oil and gas exploration, with at least half to be directed to projects in South Australia.
NEWS |
BP to shut two oil and gas platforms in Azerbaijan for planned maintenance in second-half 2020
British oil major BP plans to close down two of its oil and gas platforms in Azerbaijan for planned maintenance, BP’s regional vice president told Reuters on Wednesday.
NEWS |
SOCAR Petrofac JV secures project management services contract with BP
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a Project Management Services contract to support BP’s operations in Azerbaijan and Geor (...)
NEWS |
BP encounters gas in drilling offshore Mauritania, Senegal
BP Plc on Monday said a three-well drilling programme offshore Mauritania and Senegal encountered gas in “high quality”, bolstering its confidence in gas resources in the region.
NEWS |
Aker to provide subsea production system for Norwegian Ærfugl project phase 2
Aker BP has awarded a contract to Aker Solutions to deliver the subsea production system for second phase the Ærfugl gas field development, located approximately 210km west of Sandnessjøen in the Norw (...)
NEWS |
Subsea 7 secures EPCI contract from Aker BP
Subsea 7 has been awarded of a major contract by Aker BP for the Aerfugl Phase 2 gas field development in the Norwegian Sea.
NEWS |
Aker Solutions wins BP Cypre FEED study
Aker Solutions has secured a contract to support the development of BP’s Cypre project, offshore Trinidad and Tobago.
NEWS |
Scottish court asked to jail Greenpeace chiefs over North Sea protest
A Scottish court has been asked to jail or heavily fine Greenpeace directors who authorised direct action against a North Sea oil rig in protest at global heating.
NEWS |
Aker Solutions Wins BP Cypre Front-End Study
Aker Solutions has secured a contract to support the development of BP’s Cypre project, offshore Trinidad and Tobago.
NEWS |
Weekly Energy Recap: Keeping Things In Balance
Brent crude rose above $64 per barrel after OPEC+ producers unanimously agreed to deepen output cuts by 503,000 barrels per day to a total of 1.7 million bpd till the end of the first quarter of 2020.
NEWS |
BP to close its European data centers as it goes all-in on AWS
BP, a leading global energy business, is closing its European mega data centers and migrating all data and 900 key applications currently hosted there to AWS.
NEWS |
Union Jack Oil Raises GBP5 Million To Fund UK Exploration Projects
Union Jack Oil PLC on Wednesday said it has raised GBP5 million to fund its "highly accretive projects".
NEWS |
Top upstream companies in predictive maintenance in oil and gas, revealed by GlobalData
Several companies in the oil and gas industry, including Shell, ExxonMobil and BP, are using predictive maintenance to evaluate the condition of their operational equipment and predict maintenance req (...)
NEWS |
BP selects Honeywell to remotely manage Trinidad Cassia compression platform
Honeywell has been chosen to design and deliver an integrated control and safety system (ICSS) to remotely support BP’s Cassia compression platform located offshore Trinidad and Tobago.
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