Tag: BP
Companies join for Alaskan resource development
ConocoPhillips, BP, TransCanada and ExxonMobil have announced that they are working together on the next level of Alaskan resource development through their participation in the Alaska Pipeline Project.
Bids granted for Uruguay offshore exploration
Nineteen bids to explore oil off the coast of Uruguay have been submitted by nine energy companies.
BP expands upstream exploration in Brazil
The Brazilian National Petroleum Agency approved BP’s farm-in to four deepwater exploration and production concessions in the Brazilian equatorial margin.
BP entering Ohio’s Utica/Point Pleasant shale
BP has signed an agreement with the Associated Landowners of the Ohio Valley (ALOV) to lease approximately 84,000acres in Trumbull County, Ohio in the Utica/Point Pleasant shale basin.
BP gains Angola acreage for deepwater exploration
BP has gained access to an additional five production and deepwater exploration blocks offshore Angola, giving the company a leading position in the country with interests in 32,650 square kilometers over nine blocks.
EMAS AMC wins subsea contract
BP Exploration & Production has granted a contract to EMAS AMC (EMAS) to perform subsea work in the Atlantis field in the Gulf of Mexico. EMAS will supply jumper and associated hardware and install and replace subsea equipment including manifolds and pipeline end manifolds.
Mitsui to pay 1 Billion toward cleanup
Mitsui & Co Ltd has agreed to pay more than USD $1 billion to cover a share of the 2010 Gulf of Mexico oil spill. It is about half the amount for which BP had originally billed the company.
BP to seek buyers for Texas City and Carson refine
BP has announced plans to divest two of its US refineries and seek buyers for the Texas City, Texas, and the Carson, California, refineries.
BP stems Gulf oil disaster
On 12 July BP placed a new cap over the ruptured oil pipe in the Gulf of Mexico, hoping to stem the catastrophic flow of toxic crude once and for all.