BP news
LYTT: embracing new technology critical for industry to effectively manage well integrity
A paper published by LYTT advocates new, acoustic data-based methodologies to improve the diagnosis of well integrity issues and inform successful remediation and plug and abandonment strategies.
BP reports profit in 1Q21
BP has reported a profit of US$2.6 billion in 1Q21.
Gas production begins from third stage of BP's West Nile Delta development
The approximately US$9 billion West Nile Delta development includes five gas fields across the North Alexandria and West Mediterranean Deepwater offshore concession blocks in the Mediterranean Sea.
Reliance and BP start up second deepwater gas field offshore east India
The Satellite Cluster field will produce gas from four reservoirs utilising a total of five wells and is expected to reach gas production of up to 6 million m3/d.
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.