Tag: BP

bp's sixth upstream oil and gas project of 2025 began mid-October from the Murlach field in the UK North Sea.

bp recently announced a major hydrocarbon discovery in the Bumerangue block, marking its largest discovery in 25 years and its 10th to date in the region.

ABB has extended its relationship with bp through signing a five-year Global Frame Agreement (GFA) to supply automation, electrical and telecommunications equipment across bp’s upstream and downstream assets and facilities.

Enbridge Inc. announced that it will build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development, operated by BP Exploration & Production Company.

Keeping codes and standards continually up to date is crucial within any industry.

In the oil and gas sector equipment performance is critical. Reliability and extended lifetime are key success factors for efficient and cost-effective operation.

BP chief executive Bernard Looney and the supermajor’s chairman Helge Lund have given 20% of their salaries to mental health charities that help those whose conditions have been amplified by the ongoing coronavirus pandemic.

The Board of BP board members have announced that Bob Dudley, 64, has decided to step down as group chief executive and from the BP Board.

BP announced it will deploy continuous measurement of methane emissions in its future oil and gas processing projects. Continuous measurement, including the use of such instruments as gas cloud imaging (GCI), will be introduced at all major BP projects worldwide.

BP announced that it will soon sell its entire Alaskan business to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP's interests in the state for a total consideration of $5.6 billion.The sale will include BP's upstream and midstream business in the state, including BP Exploration (Alaska) Inc., that owns all of BP's upstream oil and gas interests in Alaska, and BP Pipelines (Alaska) Inc.'s interest in the Trans Alaska Pipeline System (TAPS).Bob Dudley, BP group chief executive, said "Alaska has been instrumental in BP's growth and success for well over half a century and our work there has helped shape the careers of many throughout the company.