BP news
BP strategy update: getting back to growth
BP today updates the financial community on details of its strategy and, in particular, medium-term plans for the next five years, based on oil prices similar to where they are today.
BP group chief executive Bob Dudley to lead opening plenary at SPE Offshore Europe 2017
BP group chief executive Bob Dudley will underline the value of the North Sea in the oil major’s global portfolio when he leads the opening plenary session at SPE Offshore Europe 2017 being held in Aberdeen from 5 - 8 September 2017.
Petrofac secures BP maintenance contract
Petrofac is set to build on its provision of maintenance services for BP, following the award of a three-year extension to its existing contract in the North Sea.
BP to sell 25% of Magnus oilfield to Enquest
EnQuest PLC has announced an agreement to acquire from BP an initial 25% interest in the Magnus oil field representing c.15.9 million boe of additional net 2P reserves (gross reserves of 63.4 million boe) with net production of 4.2 Mboe/d.
KBR awarded agreements for global engineering services by BP International Limited
Each agreement has a contractual duration of three years with an option on each to extend for two additional years.
BP announces start of drilling on new carboniferous prospect
The well will test the potential of the deep carboniferous age horizon reservoir.