Tag Archives: BP

BP and Didi Chuxing to develop a network of EV charging hubs across China through new joint venture

LONDON, 2-Aug-2019 — /EuropaWire/ — BP have agreed to form a new joint venture to build electric vehicle (EV) charging infrastructure in China with Didi Chuxing, the world’s largest market for electric vehicles. Both companies plans to develop a network … Read the full press release

BP, partners invest in deepwater Block 15 offshore Angola; Sonangol joins as a new partner

BP, partners invest in deepwater Block 15 offshore Angola; Sonangol joins as a new partner

LUANDA / LONDON, 7-Jun-2019 — /EuropaWire/ — BP and partners have agreed to invest further in deepwater Block 15, offshore Angola. The current investment is part of an agreement with Angola’s National Agency for Petroleum, Gas and Biofuels (NAPGB). Under … Read the full press release

BMT to provide multiple marine monitoring systems for BP’s Mad Dog Phase 2 floating production facility in the Gulf of Mexico

Teddington, Middlesex, U.K., 20-Dec-2019 — /EuropaWire/ — The Mad Dog Field is one of BP’s largest discoveries in the Gulf of Mexico. BMT will provide multiple marine monitoring systems for BP’s new semi-submersible floating production facility in Phase 2.  The Mad … Read the full press release

Eni: Mubadala Petroleum and BP entry into Nour North Sinai Offshore concession approved by the Egyptian Government

Egyptian Government approval for the sale of a 20% interest to Mubadala Petroleum and a 25% interest to BP out of Eni’s share in the Nour North Sinai Offshore exploratory concession has been granted. The approval follows the signing of … Read the full press release

First oil production from the giant Clair Ridge project in the West of Shetland region offshore UK

Major UK North Sea development is sixth new upstream project to come on stream for BP in 2018. Targeting 640 million barrels of oil reserves; peak production of 120,000 barrels of oil a day. First offshore deployment of BP’s ground-breaking … Read the full press release

BP upgrades U.S. onshore oil and gas portfolio with the completion of $10.5 billion acquisition of BHP assets

BP’s Lower 48 business changes name to BPX Energy, marking new era of growth HOUSTON, TX, USA, 01-Nov-2018 — /EuropaWire/ — BP has completed the $10.5 billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade … Read the full press release

BP and RocketSpace announce start-ups selected to test and explore advanced mobility technologies with industry leaders

LONDON, UK/ SAN FRANCISCO, CA, USA, 10-Oct-2018 — /EuropaWire/ — BP and RocketSpace, founders of the Mobility Tech Innovation Collaborative, are shaping the future movement of people, goods, and services in collaboration with global mobility and smart transportation industry leaders.  Today … Read the full press release

BP and Eni and Libya’s National Oil Corporation to resume exploration activities in Libya

Libya’s National Oil Corporation, BP and Eni today signed an agreement expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya.  LONDON, 09-Oct-2018 — /EuropaWire/ — A letter of … Read the full press release

BP and Aker BP to explore potential venture capital investments targeting technology and innovation improvements

Alliance will explore joint innovation and technology opportunities Pair will seek out potential venture capital investments LONDON, 03-Oct-2018 — /EuropaWire/ — BP today announced that it has signed a ventures cooperation agreement with Aker BP to explore possible areas of … Read the full press release

BP and Johnson Matthey’s award-winning Fischer Tropsch technology to support Fulcrum BioEnergy’s production of biojet fuel from municipal waste

BP and Johnson Matthey announce the signing of the first licensing deal for their innovative, award-winning Fischer Tropsch technology This technology will support Fulcrum’s production of biojet fuel from municipal waste LONDON, 27-Sep-2018 — /EuropaWire/ — BP and Johnson Matthey … Read the full press release

BP, Equinor, Total and Shell join forces to create an industry framework for human rights supplier assessments

The HAGUE, 25-Sep-2018 — /EuropaWire/ — Participating companies recognise the importance of working with suppliers that respect human rights, in line with the UN Guiding Principles on Business and Human Rights, including the fundamental conventions of the International Labour Organization (ILO), … Read the full press release

Cloud-based advanced analytics solution co-developed with BHGE will be installed on BP’s upstream assets around the world

Advanced analytics solution, developed with BHGE, will be installed on BP’s upstream assets around the world HOUSTON, TX, USA, 07-Sep-2018 — /EuropaWire/ — BP announced today that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed … Read the full press release

BP and Oman Oil Company Exploration & Production approved the development of the second phase of the giant Khazzan gas field in Oman

Ghazeer development to bring Khazzan production to an estimated 1.5 bcf/d gas MUSCAT, Sultanate of Oman, 10-Apr-2018 — /EuropaWire/ — BP today announced that, together with its partner the Oman Oil Company Exploration & Production, it has approved the development … Read the full press release

BP continues its support to the Renault Sport Formula One Team

BP Castrol extends sponsorship of Renault Sport Racing by at least five years LONDON, 09-Feb-2018 — /EuropaWire/ — BP and Groupe Renault, through Renault Sport Racing, have today announced a significant strengthening of their relationship, which will see the global … Read the full press release

Solar power: BP to acquire 43% stake in Lightsource for $200m

  BP to invest $200m in Lightsource over three years for a 43% stake in the business Lightsource is Europe’s largest solar development company, focused on the acquisition, development and long-term management of large-scale solar projects Lightsource to rebrand as … Read the full press release

BP: We are disappointed by the news today from the Australian Competition and Consumer Commission (ACCC)

LONDON, 19-Dec-2017 — /EuropaWire/ — BP acknowledges today’s announcement by the Australian Competition and Consumer Commission (ACCC) that it intends to oppose its proposed acquisition of Woolworths’ retail fuel business. “We are disappointed by the news today from the ACCC. We … Read the full press release

BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall commit to reduce methane emissions from the natural gas assets they operate

the HAGUE, 24-Nov-2017 — /EuropaWire/ — BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around the world. The energy companies also agreed to encourage others across … Read the full press release

BP Trinidad and Tobago: first gas from the Juniper development

LONDON, 15-Aug-2017 — /EuropaWire/ — Juniper is the fifth BP Upstream major project, and second in Trinidad, to start-up in 2017. BP Trinidad and Tobago (BPTT) today announced first gas from the Juniper development, the fifth of BP’s seven Upstream major … Read the full press release

BP CEO Bob Dudley: five of our seven planned major projects now onstream

LONDON, 15-Aug-2017 — /EuropaWire/ — Gas projects in Australia and Trinidad are fourth and fifth of seven major projects start-ups BP expects in 2017 BP today confirmed the start of production from another two of the seven Upstream major projects that … Read the full press release

TomTom Telematics and BP to offer innovative fuel and driver management solution

AMSTERDAM, 26-Apr-2017 — /EuropaWire/ — TomTom Telematics and BP have joined forces to offer businesses an innovative fuel and driver management solution. BP FleetMove combines fuel transaction information from BP fuel cards with driver behavior data from the TomTom Telematics Service … Read the full press release

INEOS to acquire BP’s Forties Pipeline System business

LONDON, 07-Apr-2017 — /EuropaWire/ — BP today announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS. Subject to … Read the full press release

Butamax Advanced Biofuels LLC acquires Nesika Energy, LLC and its ethanol facility in Scandia, Kansas

LONDON, 07-Apr-2017 — /EuropaWire/ — Butamax Advanced Biofuels LLC, a 50/50 joint venture between BP and DuPont, combining expertise in fuels with industrial biotechnology, today announced the acquisition of Nesika Energy, LLC and its state-of-the-art ethanol facility in Scandia, Kansas. Butamax … Read the full press release

Wood Group awarded engineering and procurement services contracts for BP’s Mad Dog 2 project

ABERDEEN, 14-Mar-2017 — /EuropaWire/ — Wood Group has won two separate contracts related to BP’s Mad Dog 2 project providing engineering services to further develop deepwater production. Wood Group has been contracted by Samsung Heavy Industries to provide detailed engineering and … Read the full press release

Eni completes sale of 10% stake in the Shorouk concession, offshore Egypt to BP

Cairo (Egypt), 15-Feb-2017 — /EuropaWire/ — Eni’s CEO, Claudio Descalzi, Bob Dudley, CEO of BP, and   the Egyptian Minister of Petroleum, Tarek El Molla signed a deed completing the sale to BP of a 10% stake in the Shorouk concession, offshore … Read the full press release

Eni to sell 10% stake in the supergiant gas field Zohr to BP

Eni has agreed to sell to BP a 10% participating interest in the Shorouk Concession, offshore Egypt, where the supergiant gas field Zohr is located. The deal was struck for 375 million USD and a 150 million USD pro-quota reimbursement … Read the full press release

BP enhances its position in the PTA market in China with the official start-up of the Phase 3 PTA plant of Zhuhai Chemical Co.

LONDON, 9-7-2015 — /EuropaWire/ — BP today celebrated the official start-up of the Phase 3 PTA plant of Zhuhai Chemical Co., enhancing its position in the purified terephthalic acid (PTA) market and its long-term commitment in China. BP Zhuhai, in … Read the full press release

BP reached agreements in principle to settle all federal and state claims arising from the Deepwater Horizon accident and spill in 2010

LONDON, 3-7-2015 — /EuropaWire/ — The Disclosure and Transparency Rules (“DTR”) made by the Financial Conduct Authority govern amongst other matters the disclosure of inside information. Accordingly in compliance with Rule 2.2, BP plc makes the following announcement Five years … Read the full press release

Rosneft and BP strengthen relationship with production, exploration and refining agreements

This press release was jointly issued by Rosneft and BP LONDON, 23-6-2015 — /EuropaWire/ — Rosneft and BP today signed several agreements strengthening the long term strategic relationship between the two companies, at the St. Petersburg International Economic Forum. Rosneft … Read the full press release

BP to sell its equity in the Central Area Transmission System (CATS) to Antin Infrastructure Partners for £324 million

LONDON, 27-4-2015 — /EuropaWire/ — BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently … Read the full press release

BP: four students from Wells Cathedral Senior School in Somerset won the inaugural Ultimate STEM Challenge

Somerset young science enthusiasts win with novel idea on how to keep hydrated LONDON, 25-3-2015 — /EuropaWire/ — BP, the international oil and gas company, today announced that four students from Wells Cathedral Senior School in Somerset have won the … Read the full press release