Drilling & production - 01 November 2016

The company has announced that oil has been discovered within the Poolowanna Formation.

BP has reported strong financial results from the third quarter of 2016.

Complementary IPRES software brings sophisticated financial analytics to enhance recovery and improve production forecasting.

The project will be tied back to the Åsgard A oil production vessel, with planned production startup anticipated in 2019.

Comprehensive reservoir and rock analysis portfolio now available.