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NEWS | Petrofac secures contract for bp project in Mauritania and Senegal

Petrofac secured a contract with bp to develop operational procedures for their Greater Tortue Ahmeyim (GTA) Project in Mauritania and Senegal.

NEWS | FutureOn awarded digital twin contract from Aker BP

FutureOn has been awarded a contract from Aker BP.

NEWS | Bristow Group Announces Contract Extension with Aker BP in Norway

Bristow Group Inc. today announced a three-year contract extension until August 2024 with Aker BP to support air transportation crew change services for their operations in the Norwegian continental s (...)

NEWS | Oil price boost should see BP Q1 profits gush

The 25 per cent-plus rise in oil prices seen since the start of 2021 should help BP’s profits surge when it reports first-quarter results this week.

NEWS | BP kicks off gas production from $9bn Egypt project

BP has announced gas production from Raven field, the third stage of its $9 billion West Nile Delta (WND) development off the Mediterranean coast in Egypt.

NEWS | Aker BP cleared to use Odfjell rig for Skarv wells

Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has given its consent to Aker BP to use the Deepsea Stavanger rig in the Norwegian Sea.

NEWS | Maersk Drilling hybrid rig awarded more work with Aker BP

Denmark’s Maersk Drilling has secured an additional one-well contract with Aker BP for the 2015-built jackup rig Maersk Integrator.

NEWS | Future of historic West of Shetland oil field put in question

BP has suspended production from a historic West of Shetland development amid the challenges posed by the fallout from the coronavirus crisis and the energy transition.

NEWS | BP prepares to retire Petrojarl Foinaven FPSO in UK

BP has stopped production from the Foinaven field offshore UK as the long-serving FPSO Petrojarl Foinaven nears the end of its 25-year design life.

NEWS | BP to Stop Flaring of Natural Gas in Permian Basin by 2025: WSJ

BP Plc will spend about $1.3 billion to build a network of pipes and other infrastructure to collect and capture natural gas produced as a byproduct from oil wells in the Permian Basin of Texas and Ne (...)

NEWS | BP Finds Oil at Puma West Prospect in Deepwater U.S. Gulf of Mexico

BP PLC said it has discovered oil at the Puma West prospect in the deepwater U.S. Gulf of Mexico.

NEWS | BP makes oil discovery at Puma West prospect in US Gulf of Mexico

BP and its partners have made an oil discovery at the Puma West prospect on the Green Canyon Block 821 in the deepwater US Gulf of Mexico.

NEWS | Petrobras to take over BP’s ultra-deepwater assets off northern Brazil

Brazilian oil major Petrobras has struck a deal with BP to assume control over its entire stakes in six blocks in ultra-deep water in northern Brazil.

NEWS | BP poised to restart buybacks after reaching debt goal early

BP said it already achieved its $35 billion net-debt target, reaching the threshold at which it has said it can restart share buybacks about a year earlier than expected.

NEWS | Goldman Sachs Sees Large Oil Demand Rebound This Summer

Goldman Sachs is still bullish on oil and anticipates strong demand that would require OPEC+ putting another 2 million barrels per day (bpd) on the market in the third quarter, after the around 2 mill (...)

NEWS | SST-NDT has won a dock crane maintenance contract for ABP

Denholm Energy Services subsidiary SST-NDT has won a dock crane maintenance contract for ABP utilising their rope access service.

NEWS | Maersk Drilling secures nine-month contract to reactivate Maersk Reacher in Norway

Maersk Drilling has been awarded a contract with Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher to assist with well intervention, stimulation and accommodation at the Valhall field (...)

NEWS | New BP boss earns £1.7m as oil giant makes hefty losses

New BP chief executive Bernard Looney earned £1.7 million for his work in the role last year.

NEWS | BP plans 1 GW hydrogen hub for Teesside

BP is planning to build a 1 GW hydrogen production project in Teesside, UK, that would meet 20% of the UK’s hydrogen targets and capture the emissions from the heating of 1 m homes.

NEWS | Beach Energy discovers gas at Artisan 1 well

Oil and gas company Beach Energy (BPT) has discovered gas at the Artisan 1 well, located off the Victorian coast.

NEWS | Odfjell Drilling will do even more for Røkke

Aker BP has exercised its second 12-month option for Deepsea Nordkapp in line with an agreement entered into in April 2018, according to a stock exchange announcement.

NEWS | BP to tell 25,000 office staff to work from home two days a week

BP has told 25,000 office-based staff that they will be expected to work from home for two days a week as part of a post-pandemic shift to flexible working patterns.

NEWS | Oil giant recruits new head for UK business

BP has recruited the long-serving chief executive of the global institute for energy sector professionals to be the new head of its UK business.

NEWS | Aker BP Awards Norwegian Sea 4D Survey

Aker BP has awarded Shearwater GeoServices Holding AS an ocean bottom seismic (OBS) 4D survey at the Ivar Aasen field in the Norwegian North Sea, Shearwater reported Monday.

NEWS | BP and Chevron Have Made a Landmark Bet on This New Form of Clean Energy. It Could Completely Change the Renewables Scene

BP and Chevron have made a landmark investment into a new technology that could provide the world’s first scaleable, renewable energy from a constant source: the natural heat of the earth.
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