BP news

Gas projects in Australia and Trinidad are fourth and fifth of seven major projects start-ups BP expects in 2017.

BP’s profit for the second quarter and half year was US$144 million and US$1593 million respectively, compared with a loss of US$1419 million and a loss of US$2002 million for the same periods in 2016.

BiSN has signed an investment agreement with corporate venture capital groups for the development of a commercial portfolio of technology.

BP continues to make progress in shifting its exploration portfolio toward natural gas and advantaged oil.

BP Trinidad & Tobago (bpTT) has announced that it has made two significant gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad.

Add Energy, the international energy consultancy provider, has been awarded a maintenance build contract worth more than £1 million with BP for work on West Nile Delta (WND), a development located just off the north coast of Egypt.

The contract is to cover the provision of engineering, procurement support and project management services for pre-FEED (front end engineering and design) and FEED work across a range of projects.

BP has 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.

The Aberdeen-based visual asset management (VAM) specialist Return To Scene Limited, part of James Fisher and Sons plc, is conducting a pilot project for BP utilising the latest generation of its R2S Mosaic technology.

The scope of work includes integrated supply base operations management, logistics control planning and pipe yard operations.