Tag Archives: BP

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

(PRESS RELEASE) 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 … 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