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More Info on bp

bp's business segments are oil and gas exploration and production, and refining and marketing.

In alternative energies, bp has low- and no-carbon wind and biofuels businesses, and a carbon capture technology team. 

Articles

Courtesy bp
bp says the Tangguh LNG enhanced gas recovery through CCUS project will have three injection wells, one offshore injection platform, one offshore CO2 pipeline, and onshore facilities for CO2 removal, processing and compression.
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.
Aug. 20, 2024
Courtesy bp
bp in Azerbaijan
BP Exploration (Caspian Sea) has issued updates on development/exploration programs at its two main fields offshore Azerbaijan.
Aug. 2, 2024
Courtesy bp
Acreage map of Manakin-Cocuina
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...
Aug. 1, 2024
Courtesy EXMAR Offshore
kaskida rendering
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.
July 30, 2024
Courtesy Baku Shipyard LLC
The Khankendi subsea construction vessel is being built for stage two of the development the largest natural gas field in Azerbaijan to perform subsea construction activities on the Shah Deniz Field between 2017 and 2027.
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...
July 12, 2024
Courtesy Flyability
flyability
The drone has already completed inspection of an empty tank on the Shah Deniz Alpha platform.
June 26, 2024
Courtesy MVM Group
The Shah Deniz is one of the world’s largest natural gas-condensate fields and was discovered in 1999.
MVM Group has agreed to acquire minority interests in the Shah Deniz gas-condensate project in the Azerbaijani sector of the Caspian Sea.
June 14, 2024
Courtesy bp
greater_tortue_ahmeyim_fpso
The FPSO for the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development is undergoing mooring 40 km offshore Mauritania and Senegal.
June 4, 2024
Courtesy BP
bp_gombusinessheroimage
Paleogene will drive company’s growth agenda in the GoM, says Senior Vice President Andy Krieger.
May 8, 2024
Courtesy bp
The Azeri-Chirag-Deepwater Gunashli (ACG) Field is about 100 km east of Baku.
bp has suspended production from the Deepwater Gunashli platform in the Caspian Sea for 15 days for an annual maintenance turnaround program.
April 29, 2024

News

Courtesy bp Azerbaijan
Sangachal terminal
bp has awarded two engineering contracts to the SOCAR-KBR joint venture for the Shah Deniz gas field development, focusing on compression platform construction and terminal electrificat...
Aug. 13, 2025
Courtesy bp / Valaris
Valaris drillship offshore Brazil
bp has made what the company believes is its largest oil and gas discovery in 25 years, on the deepwater Bumerangue prospect in the Santos Basin offshore Brazil.
Aug. 4, 2025
ID 395299094 © Hugo Kurk | Dreamstime.com
offshore wind
JERA and bp have established their new 50:50 offshore wind joint venture JERA Nex bp.
Aug. 4, 2025
Courtesy bp
bp starts up Argos expansion project in ‘Gulf of America’
Three new wells and a new drill center are expected to add 20,000 boe/d to the existing Argos platform.
Aug. 4, 2025
ID 280129153 © Hyotographics | Dreamstime.com
Map highlights Caspian Sea Shafag-Asiman exploration area.
bp, SOCAR and TPAO have signed several agreements enabling TPAO to join the production sharing agreement for the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian...
July 3, 2025
Courtesy bp
offshore Shah Deniz Alpha platform
bp and partners take FID on the next major phase of development of the giant Shah Deniz gas field in the Caspian Sea, involving the addition of compression.
June 3, 2025
Courtesy bpTT
Mentos development offshore Trinidad’s southeast coast
Mento is a 50:50 joint venture between EOG Resources Trinidad Ltd. and bpTT.
May 29, 2025
Courtesy bp
bp reportedly may sell portions of Kaskida, Tiber
Reuters says that the company may sell portions of Kaskida, Tiber.
May 9, 2025
Courtesy bp
bp Q1 2025 results
In its first-quarter 2025 results, released April 29, bp reported strong operational performance and said it is delivering major projects.
May 8, 2025
Courtesy bp
GTA first cargo
The first cargo of LNG has been loaded from the bp-operated Greater Tortue Ahmeyim (GTA) gas-condensate development offshore Mauritania and Senegal.
April 17, 2025

Additional content from bp

Courtesy bp
bp announces Far South oil discovery in deepwater Gulf
The initial well and a subsequent sidetrack encountered oil in ‘high-quality’ Miocene reservoirs.
April 14, 2025
Courtesy bpTT
Cypre subsea layout
bp Trinidad and Tobago (bpTT) has delivered first gas from its Cypre development, 78 km offshore southeast Trinidad in the East Mayaro block, in 80 m water depth.
April 3, 2025
Courtesy bp
Ginger gas development
bp Trinidad and Tobago (bpTT) has sanctioned the Ginger gas development, discovered a new gas field, and is nearing completion on the Cypre subsea tieback.
March 27, 2025
Courtesy bp/CERAWeek
bp CEO explains company’s renewed oil and gas focus at CERAWeek 2025
Global changes since 2020 made clear the need for ‘affordable energy and reliable energy,’ said Murray Auchincloss.
March 20, 2025
Courtesy Valaris Limited LinkedIn
Valaris DS-12 drillship
bp plans a subsea tieback development of its El Fayoum gas discovery in Egypt’s North Alexandria offshore concession in the Mediterranean Sea.
March 6, 2025
Courtesy bp
bp to ramp up oil and gas investment to $10 billion per year through 2027
bp will also cut renewable energy spending by more than $5 billion per year as part of a ‘strategic reset.’
Feb. 27, 2025
Courtesy Oxford Flow
ES stemless axial flow valves
The ES valve is suitable for remote applications and easy to retrofit into existing operations, Oxford Flow says.
Feb. 26, 2025
Courtesy BP
BP to ditch renewables goals and return focus to fossil fuels
The change in focus is part of a strategy shift to be announced on Wednesday, according to Reuters.
Feb. 24, 2025
Courtesy BP
BP starts up Raven 2 gas wells offshore Egypt
The second development phase involves subsea tieback of infill wells.
Feb. 17, 2025
Courtesy BP
BP looking to add compression platform at Caspian Sea Shah Deniz field
A new platform will be installed 3 km from the existing Shah Deniz Bravo platform.
Feb. 17, 2025
Courtesy bp
ONGC and bp to explore collaboration in exploration and production, trading and other energy vectors
ONGC and bp have agreed to consider oil and gas exploration partnerships in India and internationally.
Feb. 12, 2025
Courtesy bp
bp flows first gas at Greater Tortue Ahmeyim LNG project
bp has produced first gas from the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development offshore Mauritania and Senegal.
Jan. 3, 2025
Courtesy bp
Qattameya gas field foundation support structure
bp and XRG (ADNOC's investment company) have completed the formation of Arcius Energy, their new joint venture and international natural gas platform.
Dec. 16, 2024
ID 347992885 | Light © Sergiy Romanyuk | Dreamstime.com
offshore wind
bp and JERA plan to combine their offshore wind businesses into a new standalone 50:50 joint venture.
Dec. 9, 2024
Courtesy bp
Tangguh LNG site
bp and its partners have taken FID on the $7 billion Tangguh Ubadari, CCUS, Compression project (UCC) offshore and onshore Papua Barat, Indonesia.
Nov. 25, 2024
Courtesy bpTT
Cypre drilling
bp has secured the NCMA 2 Block 30 km offshore Trinidad’s north coast, under the Shallow Water 2023/24 bid round that closed in May.
Nov. 21, 2024
Courtesy bp
bp in Azerbaijan
bp has issued a progress report on ongoing development works at the Shah Deniz and ACG fields in the Azerbaijani sector of the Caspian Sea.
Nov. 15, 2024
Courtesy bp
Mento tour
bp Trinidad and Tobago says the Mento platform is close to completion at the TOFCO fabrication yard and due to sail away in the next few weeks.
Nov. 8, 2024
Courtesy bp
pressure coring
bp has successfully completed its first pressure coring sampling operation in the Azeri-Chirag-Gunashli (ACG) field in the Azerbaijani sector of the Caspian Sea.
Oct. 30, 2024
Courtesy bp
Central Azeri is an offshore production, drilling and quarters platform 100 km east of Baku in the Caspian Sea.
bp and SOCAR have agreed to jointly explore and potentially develop two blocks in the Azerbaijani sector of the Caspian Sea.
Sept. 25, 2024
Courtesy bpTT Community Energy Facebook
The bpTT Amherstia offshore platform was equipped with a new living quarters unit in 2018.
bp Trinidad and Tobago (bpTT) has agreed to sell its 100% operated interests in four mature offshore gas fields to Perenco T&T.
Sept. 6, 2024
Courtesy André Motta de Souza / Petrobras Agency
atlantic_ocean
Petrobras and bp have signed a non-binding memorandum of understanding to cooperate on wide-ranging opportunities, including in exploration and production (E&P).
April 19, 2024
Courtesy bp
bp has begun oil production from a major new platform offshore Azerbaijan.
bp has started full-scale operations at the giant new Azeri Central East (ACE) platform in the Caspian Sea.
April 18, 2024
Courtesy bp
bp starts the drilling of the first well for its Cypre project.
Drilling is underway on the first well for bp Trinidad and Tobago’s Cypre subsea gas development.
March 6, 2024
Courtesy bp
bp_shah_deniz_2
bp has started production from the East North flank of the Shah Deniz gas-condensate field offshore Azerbaijan in the Caspian Sea.
March 1, 2024
Photo 136776953 © Hyotographics | Dreamstime.com
egypt
bp and ADNOC have agreed to form a new joint E&P venture in Egypt to grow the pair’s gas portfolio.
Feb. 15, 2024
Courtesy bp
gta lng project flng vessel
bp says its GTA LNG project has reached a major milestone with the arrival of the Gimi FLNG vessel.
Feb. 15, 2024
Courtesy bp
https://www.bp.com/en/global/corporate/news-and-insights/press-releases/kate-thomson-appointed-bp-chief-financial-officer-and-joins-board.html
Kate Thomson has been appointed bp CFO and will join bp’s board, both with immediate effect.
Feb. 2, 2024
Courtesy Equinor
equinor_offshore_wind
Equinor has entered a swap transaction with bp concerning two wind farm developments offshore the US east coast.
Jan. 26, 2024
Courtesy bp
Murray Auchincloss
bp interim CEO Murray Auchincloss has been named permanent CEO, four months after the resignation of Bernard Looney.
Jan. 18, 2024
Courtesy TechnipFMC
The Deep Energy is TechnipFMC's pipelay vessel.
TechnipFMC has been awarded a contract by bp for its Argos Southwest Extension project in the Mad Dog Field.
Jan. 16, 2024
Courtesy Golar LNG's "Third-quarter 2023 Results" presentation
FLNG Gimi sailed from Singapore Nov. 19, 2023.
The vessel is due to operate on the GTA Field for the next 20 years.
Jan. 12, 2024
Courtesy bp
West Azeri platform
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.
Jan. 3, 2024
Courtesy bp
Topr Onshore1 bptt
bp Trinidad and Tobago has completed its Trinidad Offshore Pipeline Replacement project and has integrated the new infrastructure into its operations.
Sept. 26, 2023
Courtesy OneSubsea/SLB
Slb One Subsea Blue Box Combo B
Companies say that collaboration will combine knowledge, experience from concept development through full field lifecycle.
Sept. 25, 2023
Photo 226149728 © Aju Arelt | Dreamstime.com
Trinidad And Tobago
A bp and Shell consortium is near to striking an agreement with Trinidad and Tobago to explore three deepwater blocks.
Sept. 21, 2023
Courtesy bp
Kate Thomson is currently bp’s senior vice president, finance for production and operations.
bp has appointed Kate Thomson interim CFO.
Sept. 19, 2023
Courtesy BP
Murray Auchincloss
CFO Murray Auchincloss to step in on a temporary basis.
Sept. 13, 2023
Courtesy CHPV
Image Credit Chpv
bp has awarded DORIS a five-year framework agreement for engineering services to support bp’s global offshore wind projects.
Sept. 6, 2023
Courtesy Add Energy
Add Energy
Add Energy has been appointed to a long-term master services agreement for provision of well services and emergency well control services for bp.
Aug. 28, 2023
Courtesy bp
Bp Argos
Woodside Energy has issued updates on its current offshore field development projects in the US and Australia in its latest results statement.
July 19, 2023
Courtesy bp
Operating in 4,500 feet of water, Argos stands 27 stories tall, and the platform has a deck the length and width of an American football field, and weighs more than 60,000 tons.
With a series of announcements made this year, bp has shown its commitment to E&P in the US Gulf of Mexico.
June 15, 2023
Courtesy bp
Starlee Sykes (left) and Andy Krieger (right)
bp has appointed Starlee Sykes CEO of Archaea Energy. Sykes previously served as the senior vice president (SVP) of bp’s Gulf of Mexico and Canada business.
April 26, 2023
Courtesy bp
Argos Aerial 0278
Argos is bp’s fifth platform in the GoM and the first new bp-operated production facility in the region since 2008.
April 13, 2023
Courtesy Viking CCS
The indicative map of Viking CCS illustrates the Viking CCS Cluster member (emitter) with triangles and the Viking CCS Cluster member (port) with squares.
Harbour Energy and bp agree to develop the Viking CCS project.
April 11, 2023
Photo 209419416 © Thomas Eder | Dreamstime.com
Hydrogen
bp has named KBR the primary integrated project management contractor for its global hydrogen project portfolio.
April 5, 2023
Courtesy Delek Group
The installation of the Tamar platform was completed in December 2012 with the placement of several packages, the living accommodations and the vent boom.
bp and ADNOC have jointly made a non-binding offer to acquire a 50% stake from Delek Group in NewMed Energy, a partner to Chevron in the Tamar and Leviathan gas fields offshore...
March 29, 2023
Courtesy bp
The Eastern Trough Area Project (ETAP) North Sea development celebrated 20 years of production in July 2018, with the key hub expected to operate into the mid-late 2030s.
Offshore personnel employed by Sparrows Offshore Services have called off planned strike action on bp-operated installations in the UK North Sea and west of Shetland after accepting...
March 21, 2023
Photo 194428490 © Michal Bednarek | Dreamstime.com
Offshore Wind
bp is seeking potential offshore wind collaborators with new ideas, from individuals to large-scale organizations, and at any level of maturity.
March 21, 2023
Photo 132528448 © Wrightstudio | Dreamstime.com
Asset Strategy Dashboard
bp will deploy Baker Hughes' OnePM, a Cordant asset strategy tool, in select locations across its Gulf of Mexico production assets.
March 7, 2023
Courtesy bp
The FPSO vessel for the bp-operated Greater Tortue Ahmeyim LNG project started its journey in late January toward the project site off the coasts of Mauritania and Senegal.
bp and its partners have agreed on a development concept for Phase 2 of the Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal.
Feb. 27, 2023
Courtesy bp
Shah Deniz Alpha platform
bp has spud two exploration wells close to its production strongholds in the Caspian Sea off Azerbaijan.
Feb. 20, 2023
Courtesy Deep Wind Offshore
Admiral Lee is located off the south coast of South Korea.
bp has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which includes four local projects with a potential generating capacity of up to 6 GW....
Feb. 15, 2023
Courtesy bp
Clair Ridge is the second phase development of the Clair Field, located 75 km west of the Shetland Islands.
Unite the Union reported that almost 100 Odfjell-employed drilling staff voted to support strike action on two bp-operated platforms west of Shetland.
Feb. 10, 2023
Courtesy bp
Argos platform, Gulf of Mexico, US
bp will invest on average up to $1 billion per year in new oil and gas projects through 2030, the company said in its latest results statement.
Feb. 7, 2023
Courtesy bp
Day view of Chirag platform
bp is preparing to drill a new appraisal well on the Azeri-Chirag-Gunashli oil field in the Azerbaijani sector of the Caspian Sea.
Jan. 30, 2023
Courtesy bp / Starlee Sykes LinkedIn
Bp Offshore
bp recently achieved a huge milestone when the company's largest platform in the region safely hit a production target of more than 200,000 boe/d for the first time in over a ...
Jan. 12, 2023
Courtesy bp
Bp Gulf Of Mexico
Expects to increase production in the Gulf to around 400,000 boe/day by 2025.
Jan. 10, 2023
Photo 136776953 © Hyotographics | Dreamstime.com
Egypt Map
Egyptian Natural Gas Holding Co. has awarded bp two exploration blocks in the eastern Mediterranean Sea.
Dec. 1, 2022
Courtesy bp
Bp Cypre Layout
bp Trinidad and Tobago has committed to the Cypre offshore gas project, the company’s third subsea development.
Nov. 1, 2022
Courtesy bp
Bp Pblj Rig Pr Hero
bp is targeting the North Sea and US shale basins to boost oil and gas supplies in the short term in response to the global energy crisis, its head of oil and gas operations told...
Oct. 7, 2022
Courtesy bp
bp reports that the Na Kika platform is back in service.
bp has restarted production at its offshore Na Kika and Thunder Horse oil platforms in the Gulf of Mexico after redeploying previously evacuated staff.
Oct. 1, 2022
Courtesy bp
Argos Sails Away 2 Thumbnail
Starlee Sykes emphasized bp’s transformation to an international energy company and what exactly that entails—reducing emissions but still relying on oil and natural gas.
May 2, 2022
Courtesy bp
bp’s Argos platform arrived in Texas in April.
Starlee Sykes, bp's senior vice president, Gulf of Mexico & Canada, shares insights and company updates about the GoM ahead of her OTC keynote.
May 2, 2022