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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.
NEWS |
Bahamas Petroleum completes drilling of Perseverance #1 well in Bahamas
BPC, the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development, and exploration assets across the region, provides the following update on the drilling of (...)
NEWS |
UK to see six new offshore windfarms in drive toward net zero
Britain’s first major auction of offshore wind farm leases in over a decade has seen Orsted, RWE, BP and Total awarded contracts, the Crown Estate said this morning.
NEWS |
Crown Estate accused of pushing up renewables prices
Oil giant BP is among the businesses to win the rights to build new wind farms in UK waters, it announced on Monday, as questions were raised about how the sites were allocated.
NEWS |
BP, RWE win big in Round 4
Oil and gas companies have dominated the Crown Estate Round 4 leasing process with massive bids securing options for projects in the Irish and North Seas.
NEWS |
BP records mammoth loss as pandemic rattles oil industry
The bloodbath in the energy markets created by the Covid-19 pandemic has left a multi-billion dollar hole in BP’s finances, the oil giant’s quarterly and annual reports have revealed.
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