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Shah Deniz offshore gas project
International

bp awards $700 million in contracts for Shah Deniz offshore gas project

The bp-led Shah Deniz consortium has awarded three major offshore contracts worth approximately $700 million to the Saipem and BOS…
Valaris-DS-12-drillship-Source-Valaris
Contracts

Valaris Announces Contract Award For Drillship VALARIS DS-12

Valaris Limited (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract with Bp Exploration Delta…
bp Uses Valaris Deepwater Rig to Drill 5 New Gas Wells Offshore the Mediterranean
Contracts

bp Uses Valaris Deepwater Rig to Drill 5 New Gas Wells Offshore the Mediterranean

bp has signed a contract with Valaris, an American offshore drilling contractor, to drill five new natural gas wells in…
bp
International

BP wins arbitration case against Venture Global over LNG delivery failure

Venture Global is stated to have breached its obligations by not declaring commercial operations at the Calcasieu Project in a…
UK North Sea
Regional

Serica Energy plc Proposed acquisition of UK North Sea assets from BP

Serica Energy plc is pleased to announce the signing of an agreement to acquire the entirety of BP’s stake in…
bp delivers on six start-ups in 2025
International

bp delivers on six start-ups in 2025

Murlach is bp’s sixth major project start-up in 2025, in line with its strategy to grow the upstream business. Two-well…
International

Oil Majors Brace for Dividend Drought as Sub-$70 Crude Bites

Sub-$70 oil is squeezing margins, forcing Exxon, Chevron, and BP to rethink $100 billion in annual returns. Dividends to Dry…
bp
International

BP seeks partner for Brazil oil discovery

BP, opens new tab will seek a partner for its major Bumerangue oil discovery in Brazil and could close a…
BP Chair Manifold
International

New BP Chair Manifold urges faster oil and gas strategy shift

New BP, opens new tab Chair Albert Manifold told employees on Tuesday that the group’s portfolio was “overly complex” and…
bp award THREE60 Energy and AF Gruppen Andrew decommissioning project in the UK
Decommissioning

bp award THREE60 Energy and AF Gruppen Andrew decommissioning project in the UK

A new joint venture (JV) between THREE60 Energy (THREE60) and AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has…

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