BP news

Production has begun from the Block 61 Phase 2 Ghazeer gas field in Oman, 33 months after the development was approved.

JDR will supply a fibre optic power cable and steel tube subsea isolation valve umbilical for an offshore platform project.

Mobilisation of the Ocean Apex drilling rig for the Ironbark-1 well, located offshore Western Australia, is expected to commence mid-October, with drilling expected to begin by the end of October.

Seagull is a high pressure, high temperature (HPHT) development located in the Central North Sea.

The preliminary evaluation of the well results indicates that the Great Nooros Area gas in place can be estimated in excess of 4 trillion ft3.

BP and Pale Blue Dot Energy were joint winners in the ‘Energy Transition for Future Generations’ category.

The contract's scope includes international payroll and personnel support services.

Will Scargill, Managing Oil & Gas Analyst at GlobalData, says that BP's transition to an integrated energy company will require "significant movements in the M&A market, if it is to be delivered in the targeted timeframe."

BP has reported a record US$6.7 billion (£5.12 billion) loss in 2Q20.

The acquisitions remain conditional on agreeing the terms of the refinancing of Premier’s existing credit facilities, equity funding and customary other approvals, including shareholder approval.