BP news
Argos platform arrives in Texas for BP's Mad Dog 2 project
Once online at BP's US$9 billion Mad Dog 2 project, Argos, a semi-submersible, floating production platform, will be the company’s fifth operated platform in the Gulf of Mexico.
Petrobras to take over BP's stakes in ultra-deepwater blocks offshore North Brazil
The agreement with BP will allow Petrobras to hold a 100% interest in the six blocks.
BP reaches US$35 billion net debt target
Bernard Looney, CEO, said the reaching of the target was the result of "earlier than anticipated delivery of disposal proceeds combined with very strong business performance during the first quarter."
CGG awarded seismic imaging projects by BP
Two of the projects will take place in the deepwater Gulf of Mexico, and one will be carried out offshore Trinidad & Tobago.
LYTT analytics technology enhances production at BP's Clair Ridge site
LYTT has enhanced production at BP's North Sea Clair Ridge site by 2000 bpd via a 'tuning' strategy informed by real-time in-well data analysis.
Rosneft and BP sign sustainability and carbon management collaboration agreement
Rosneft and BP have agreed to cooperate in identifying and developing new low carbon solutions and programmes.
BP reports US$5.7 billion loss in 2020
For 4Q20, BP reported a profit of US$115 million.
C-Innovation signs one-year contract extension with BP for riserless light well intervention in Gulf of Mexico
C-Innovation will supply and complete all project management and engineering to provide a complete RLWI system utilising technology from Baker Hughes, Caltex Oil Tools and Halliburton.
BP selling 20% stake in Oman's Block 61 to PTTEP
Block 61, covering around 3950 km2 in central Oman, contains the largest tight gas development in the Middle East.
BP relaunches sale of stakes in North Sea oilfields
BP has relaunched the sale of stakes in a number of North Sea oilfields it agreed to sell to Premier Oil before Premier was taken over last year, according to industry sources.