Venezuela has awarded a bp-led consortium a license to develop the 4-Tcf Loran Phase 2 gas field offshore, while separate agreements also open the door to future exploration opportuniti...
bp and partners have secured three production sharing contracts across Indonesia’s latest licensing round, while the first offshore jacket for the Tangguh UCC development has ...
bp has initiated a multi-well subsea intervention program in the Azerbaijani Caspian Sea, utilizing Oceaneering's BORIS to enhance surveillance and production efficiency, marking...
bp’s latest quarterly results spotlight a year of expanding offshore positions, from a giant Santos Basin appraisal to new exploration acreage in the Mediterranean and fresh Gulf...
BP Berau Ltd. has signed a six-year cooperation agreement with Bandung Institute of Technology to advance R&D of carbon capture, utilization and storage.
Venezuela’s government has awarded bp and the National Gas Co. of Trinidad and Tobago (NGC) an exploration and production license for the development of the Cocuina gas discovery...
Kaskida will be bp’s sixth hub in the GoM, featuring a new floating production platform with the capacity to produce 80,000 bbl/d of crude oil from six wells in Phase 1.
BP Exploration (Caspian Sea) has signed a three-year framework agreement with a consortium comprising Saipem Contracting Netherlands, BOS Shelf LLC and BOS Shelf International...
The Baku-based yard, which will fabricate the jacket and piles, has previously delivered 11 platform jackets to bp and its partners for the ACG and Shah Deniz fields in the Azerbaijani...
Murray Auchincloss has stepped down as CEO and director of the bp's board. As a result, Meg O’Neill has been selected as the next CEO, effective April 1, 2026.
bp is leveraging advanced seismic technologies, including OBN and high-resolution surveys, to optimize exploration and development strategies across its Azerbaijani offshore assets...
Oceaneering International and SLB will provide and manage the intervention equipment for the year-long program, designed to improve recovery and find new resources in the Deepwater...
Laboratory analysis of bp’s recent Bumerangue discovery indicates a 1,000-m hydrocarbon column in the reservoir, with liquids present throughout the column. This, combined with...
The newly formed joint venture will manage all stages of the decommissioning campaign, from preparations of the platform, well and subsea facilities to final disposal for recycling...
bp shared its plans with Egyptian government officials to drill more wells to prove up further gas in the West Nile Delta concession in the Mediterranean Sea.
