Tag: BP

BP has sold a number of its oil and gas fields in the deepwater U.S. Gulf of Mexico to Plains Exploration & Production Company (PXP).

BP Trinidad & Tobago (bpTT) has announced that it has discovered an estimated one trillion cubic feet (tcf) of gas offshore Trinidad.

 T.D. Williamson has signed a global pipeline intervention and isolation services contract with BP. TDW is a world leader in pipeline services and equipment.

Marathon Petroleum Corporation (NYSE: MPC) today announced it has signed a definitive agreement to purchase BP's 451,000 barrel per calendar day (475,000 barrel per stream day) Texas City refinery, three intrastate NGL pipelines originating at the refinery, an allocation of BP's Colonial Pipeline Company shipper history, four terminals, retail marketing contract assignments for approximately 1,200 branded sites and a 1,040 megawatt cogeneration (cogen) facility.

USD$1.7 billion in high bids out of a total USD$2.6 billion for all bids was drawn for the Central Gulf of Mexico Lease Sale. 593 bids on 454 tracts covering 2.4 million acres of the 39 million acres total offered were bid on by 56 operators.

   BP Exploration has selected Emerson Process Management as automation contractor of choice for offshore oil and gas operations in BP's North Sea Region.

BP has agreed to sell its interests in the Jonah and Pinedale upstream operations in Wyoming to LINN Energy, LLC.

On June 3rd, BP began the initial start-up of the Galapagos development in the deepwater U.S. Gulf of Mexico.

   BP wholly owned subsidiary has signed an agreement to explore for oil and gas offshore Trinidad and Tobago.

   BP Exploration and Production Inc.