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NEWS |
TechX Pioneers accelerate to another level
Today, 10 exciting companies will graduate from the inaugural Oil & Gas Technology Centre TechX Pioneers Programme – a unique technology accelerator and incubator helping ambitious firms take their so (...)
NEWS |
OPEC to raise supply amid US sanctions on Iran
Some of the world’s largest oil producers are mulling the possibility of raising oil supply by as much as 500,000 barrels per day (bpd) in a bid to compensate for Iran’s falling output, it has been re (...)
NEWS |
Decom Challenges Addressed at Operator/Supply Chain Event
At its inaugural Collaboration and Innovation in Decommissioning event earlier this month, Decom North Sea brought together over 110 delegates – from operator and supply chain companies – to focus upo (...)
NEWS |
Aker BP CEO Predicts Fast Johan Sverdrup Ramp-up From Start
Aker BP, a partner in Norway’s giant Johan Sverdrup oil field, expects a fast ramp-up of production when the initial development phase ends in late 2019, the company’s CEO said Sept. 13.
NEWS |
Aker BP CEO predicts fast Johan Sverdrup ramp-up from start
OSLO, Sept 13 (Reuters) - Aker BP, a partner in Norway’s giant Johan Sverdrup oilfield, expects a fast ramp-up of production when the initial development phase ends in late 2019, its chief executive s (...)
NEWS |
Deals this week: Veolia-Peterson JV, EnQuest, Aker BP
The Veolia-Peterson JV has been subcontracted by Allseas to provide decommissioning services in the North Sea.
NEWS |
EnQuest plans $138 million rights issue to buy all of Magnus oil field
UK-focused oil company EnQuest which already owns a quarter of the Magnus oil field, is planning a rights issue for $138 million (107 million pounds) to help it buy the rest from BP it said on Friday.
NEWS |
Maersk Drilling, Aker BP sign major contract founded on joint alliance
Maersk Drilling and Aker BP have agreed to a one-year contract to deploy high-performance rig Maersk Integrator on the Norwegian shelf from June 2019. The contract is founded on the alliance that the (...)
NEWS |
Maersk Reacher jackup reactivated
Maersk Drilling and Aker BP have agreed to a new two-year contract to reactivate and quickly deploy jackup rig Maersk Reacher in the Norwegian part of the North Sea.
NEWS |
Equinor raises estimate for giant Sverdrup oilfield
Norway’s Equinor on Monday increased its resource estimate for the Johan Sverdrup oilfield, the North Sea’s largest discovery in more than three decades, while cutting the cost of development.
NEWS |
Maersk Invincible selected to drill at Valhall
The Petroleum Safety Authority Norway has given Aker BP permission to use the movable drilling rig Maersk Invincible in the fields Valhall Flanke Nord and Valhall Flanke Sør.
NEWS |
Offshore discoveries in the Mediterranean to increase Egypt’s gas output
Natural gas production in Egypt has been in decline, falling from a 2009 peak of 5.8 Bcfd to 3.9 Bcfd in 2016, based on estimates in BP’s Statistical Review of World Energy. The startup of a number of (...)
NEWS |
BP to drill its first Gulf of Suez exploration well
BP will begin drilling its first exploration wells in the Northeast Ramadan concession area in the Gulf of Suez by early October at the latest, an Egyptian state oil company EGPC official said.
NEWS |
Serica Energy ramps up North Sea expansion
Serica Energy has announced a deal to buy stakes in two producing North Sea fields from Total for an initial outlay of just $5 million (£3.8m) sending its shares surging. The London-based firm will ad (...)
NEWS |
BP confirm second-quarter profit of $2.8 billion
BP on Tuesday reported $2.8 billion (£2.13 billion) in second-quarter profit, four times the amount it reached last year, boosted by higher oil prices.
NEWS |
Aker BP acquires Norwegian assets from Total
Aker BP spent more than $200 million to acquire Norwegian assets from a division of Total, which it said would open access to millions of barrels of oil.
NEWS |
BP-led Clair Ridge Field Moves Closer To Production In North Sea
Clair Ridge is the second development on the Clair Field, which was discovered more than 40 years ago and brought online in 2005. and partners are moving closer to marking first oil from the Clair Ri (...)
NEWS |
BP transforms its US onshore oil and gas business
In a move that will upgrade and materially reposition its US onshore oil and gas business, BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisiti (...)
NEWS |
Norwegian strike would have to last month to hit output.
A four-day oil workers strike in Norway that may escalate on Monday would have to last a month to impact Aker BP’s production from the Valhall field in the North Sea, the Norwegian energy company said (...)
NEWS |
Norwegian strike would have to last month to hit output.
A four-day oil workers strike in Norway that may escalate on Monday would have to last a month to impact Aker BP’s production from the Valhall field in the North Sea, the Norwegian energy company said (...)
NEWS |
BP Sees Azerbaijan As important Area For Growth
BP is uniquely positioned to develop Azerbaijan’s world-class projects safely, reliably and efficiently, the company told Trend.
NEWS |
BP becomes front-runner to buy BHP's US shale assets
BP has emerged as the front-runner to buy BHP Billiton's onshore oil and gas operations in the US, according to a person familiar with the matter.
NEWS |
Aker BP partners with Aker Solutions for modification projects
Norwegian oil exploration and development company Aker BP has entered an alliance agreement with oil services provider Aker Solutions over modification projects on its Valhall, Ula and Skarv fields in (...)
NEWS |
BP Ventures leads £2.5m investment into EnergyTech firm
BP Ventures has invested £1.5m in London-based energy monitoring company Voltaware. This forms part of Volatware’s £2.5m Series A round, which also drew support from First Imagine! Ventures and Contra (...)
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