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COMPANY OVERVIEW

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bp is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing 83,400 people. bp's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, bp has low- and no-carbon wind and biofuels businesses, and a carbon capture technology team. Through these activities, bp provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.

bp’s wider transformation is under way. Whilst today we’re mostly in oil & gas, we’ve increased global investment into our lower carbon businesses, convenience stores and power trading from around 3% in 2019 to around 30% last year. We remain focused on transforming to an integrated energy company. 

Please visit us at www.bp.com/upstream

Articles & News

Courtesy André Motta de Souza / Petrobras Agency
Production

Petrobras, bp consider further E&P ventures

April 19, 2024
Petrobras and bp have signed a non-binding memorandum of understanding to cooperate on wide-ranging opportunities, including in exploration and production (E&P).
Courtesy bp
Production

bp starts up seventh ACG Field platform offshore Azerbaijan

April 18, 2024
bp has started full-scale operations at the giant new Azeri Central East (ACE) platform in the Caspian Sea.
Courtesy bp
North Sea & Europe

bp sticks with Petrofac for North Sea maintenance

April 15, 2024
bp has extend Petrofac’s contract to support its North Sea facilities by a further three years.
Courtesy bp
Drilling & Completion

bp spuds first Cypre gas well offshore Trinidad

March 6, 2024
Drilling is underway on the first well for bp Trinidad and Tobago’s Cypre subsea gas development.
Courtesy Diamond Offshore LinkedIn
Drilling & Completion

bp extends Diamond drillship term in the GoM

March 4, 2024
Diamond Offshore has clinched a two-year contract extension with bp for the drillship Ocean BlackHornet in the US Gulf of Mexico.
Courtesy bp
Production

bp expands gas production from Shah Deniz offshore Azerbaijan

March 1, 2024
bp has started production from the East North flank of the Shah Deniz gas-condensate field offshore Azerbaijan in the Caspian Sea.
Photo 136776953 © Hyotographics | Dreamstime.com
Company News

bp, ADNOC enter partnership offshore Egypt

Feb. 15, 2024
bp and ADNOC have agreed to form a new joint E&P venture in Egypt to grow the pair’s gas portfolio.
Courtesy bp
Africa

FLNG Gimi arrives in northwest Africa

Feb. 15, 2024
bp says its GTA LNG project has reached a major milestone with the arrival of the Gimi FLNG vessel.
Courtesy Hess
Vessels

Diamond Offshore secures contracts from bp, Serica

Feb. 8, 2024
bp has extended its contract for Diamond Offshore's BlackLion drillship in the Gulf of Mexico, and Serica will use a semisub for P&A work in the North Sea.
Courtesy bp
People on the move

Kate Thomson takes on bp CFO role permanently

Feb. 2, 2024
Kate Thomson has been appointed bp CFO and will join bp’s board, both with immediate effect.

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All content from bp

Courtesy Equinor
Renewable Energy

Equinor, bp go separate ways on Empire Wind, Beacon Wind projects

Jan. 26, 2024
Equinor has entered a swap transaction with bp concerning two wind farm developments offshore the US east coast.
Courtesy bp
Murray Auchincloss
People on the move

bp appoints Murray Auchincloss permanent CEO

Jan. 18, 2024
bp interim CEO Murray Auchincloss has been named permanent CEO, four months after the resignation of Bernard Looney.
Courtesy TechnipFMC
US & Gulf of Mexico

bp awards TechnipFMC an Argos pipe and umbilical installation contract

Jan. 16, 2024
TechnipFMC has been awarded a contract by bp for its Argos Southwest Extension project in the Mad Dog Field.
Courtesy Golar LNG's "Third-quarter 2023 Results" presentation
Vessels

FLNG Gimi arrives at Greater Tortue Ahmeyim Field

Jan. 12, 2024
The vessel is due to operate on the GTA Field for the next 20 years.
Equipment Engineering

Petrofac gains GTA operations services contract from bp

Jan. 8, 2024
The multi-million-dollar master services agreement covers a wide scope of services, which include onshore and offshore management and supervision, provision of personnel, and ...
Courtesy bp
West Azeri platform
Production

Caspian Sea ACG platform joins billion-barrel club

Jan. 3, 2024
The Azeri-Chirag-Gunashli (ACG) oil field’s West Azeri platform in the Azerbaijani sector of the Caspian Sea has produced its one-billionth barrel of oil.
Courtesy Allseas
Pioneering Spirit And Oceanic
Pipelines

Allseas adapts Pioneering Spirit for GTA subsea installations

Oct. 13, 2023
bp has contracted Allseas to complete subsea pipelaying for the Greater Tortue Ahmeyim (GTA) gas development offshore Mauritania and Senegal.
Courtesy bp
Topr Onshore1 bptt
Pipelines

bp replaces liquids pipeline offshore Trinidad

Sept. 26, 2023
bp Trinidad and Tobago has completed its Trinidad Offshore Pipeline Replacement project and has integrated the new infrastructure into its operations.
Courtesy OneSubsea/SLB
Slb One Subsea Blue Box Combo B
Subsea

bp teams up with Subsea Integration Alliance to strengthen subsea project performance

Sept. 25, 2023
Companies say that collaboration will combine knowledge, experience from concept development through full field lifecycle.