BP news
The oil and gas industry should use technology to reimagine the global energy system
BP invests US$5 million in a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes.
African Energy Chamber: European travel bans restraining recovery efforts
The African Energy Chamber has said that the ongoing travel bans and restrictions of visa issuance are preventing many projects from moving forward and contributing to the recovery of the continent.
Premier Oil's acquisition of BP North Sea assets approved by creditors
Premier Oil has also said it will not be pursuing the purchase of the additional 25% interest in the Tolmount gas field from Dana Petroleum.
Eni makes gas discovery offshore Egypt
The exploration well drilled by Eni is located in the North El Hammad licence in the Nile Delta.
Guyana short-lists companies to market its oil
19 companies, including ExxonMobil, BP, Total, Shell, Equinor, Petrobras and PetroChina, have been approved by Guyana's government for the next phase of the selection process.
BP predicts impairments of up to US$17.5 billion in 2Q20
The prediction comes as a result of the company's expectation of weak demand for energy for a prolonged period and a faster transition away from fossil fuels due to the ongoing Covid-19 pandemic.
OGUK: BP job losses underline need for fair transition to net zero economy
OGUK's Chief Executive Deirdre Michie has urged the UK government to protect jobs and create new business opportunities in the energy regions of the UK.
BP and Premier Oil agree new terms for North Sea assets sale
Premier Oil will pay BP a reduced fee of US$210 million for the Andrew Area and Shearwater assets.
Bluware to support BP with deep learning technology for subsurface data interpretation
InteractivAI, powered by Bluware's Volume Data Store cloud-native data environment, enables the acceleration of detailed interpretation tasks.
Worley to provide engineering services for BP's offshore developments
The global framework agreements are conceptual engineering and for early engineering and FEED services.