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.
Gas production has started at the R Cluster, the ultra-deepwater gas field off the east coast of India being developed by Reliance Industries and BP.
Ironbark-1 will test the giant Ironbark gas prospect, which has a best estimate of 15 trillion ft3 prospective recoverable gas resource.
Two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons.
BP reported a US$86 million underlying replacement cost profit for the three months to 30 September.
BP, Eni, Equinor, National Grid, Shell and Total have formed a new partnership, the Northern Endurance Partnership, to develop offshore carbon dioxide transport and storage infrastructure in the UK North Sea.
Emerson has been awarded a contract to provide automation technologies for the new Azeri Central East offshore platform.
The investment from bp Ventures, Woodside Energy and Blue Ocean Monitoring will be deployed to continue the development of a fully integrated system which uses long endurance self-repositioning autonomous underwater nodes to conduct offshore seismic surveys.
Production has begun from the Block 61 Phase 2 Ghazeer gas field in Oman, 33 months after the development was approved.