BP says it has made “a major breakthrough” in seismic imaging that has identified more than 200 MMbbl of additional resources at its Atlantis field in the deepwater Gulf of Mexico. Atlantis. Image from BP…
BP has scored again with a third gas find at the North Damietta Offshore Concession in the East Nile Delta, Egypt, the supermajor said today (27 March). According to BP, 37m of net gas pay was found at the Qattameya Shallow-1 exploration well in high quality Pliocene sandstones…
Aberdeen-based visual asset management (VAM) firm Return To Scene is conducting a pilot project for BP utilizing the latest generation of its visualization technology, R2S Mosaic. The technology, which adds spatial intelligence, among other advanced new capabilities…
Genesis has been awarded two frame agreement contracts by BP covering work in the conceptual, pre-front end engineering and design (FEED) and FEED stages of the project lifecycle. The firm, which is part of TechnipFMC, said these frame…
BP is forecasting that renewables will become the fastest growing fuel source by 2035, nearly quadrupling over the next 20 years, according to the UK oil giant’s latest Energy Outlook. Image from BP…
Aker BP has completed the integration after the merger between Det norske oljeselskap and BP Norway. Aker BP now operates as one organization with considerable ambitions on the Norwegian Continental Shelf. “Aker BP has been through extensive integration work since we announced the merger…
Norwegian firm Det norske and BP's Norwegian business are set to cease to be from today, after a deal which will see the two firms combines is scheduled to complete. The two companies are to become Aker BP under the move. Aker BP will…
BP is facing more setbacks for its Great Australian Bight drilling program, following a further request from Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for information on the environment plan…
The Baltim South West field offshore Egypt has the potential to hold 1 Tcf of gas in place, according to Eni. Image from Eni. The Italian giant, along with 50:50 partner BP, upgraded…
UK supermajor BP has hit a milestone on 15 August at its Azeri-Chirag-Deepwater Gunashli field offshore Azerbaijan, by producing 3 billion bbl since the start of production from the Chirag platform in 1997. ACG is a complex of six production platforms: Chirag-1…
Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) is giving UK supermajor BP until the end of August to resubmit its modified environmental plan for exploration drilling at the Great Australian Bight that the offshore regulator rejected last year…
BP and Det norske oljeselskap have combined their Norwegian businesses to create Aker BP – a move that is expected to organically grow production to more than 250,000 boe/d by the early 2020s. Image from BP…
Azerbaijan's state oil firm Socar and BP have signed a memorandum of understanding (MOU) to jointly explore potential prospects in block D230 in the North Absheron Basin in the Azerbaijan sector of the Caspian Sea. The MOU gives BP the…
UK giant BP is set to layoff some 500 workers in Houston come June, as part of the company’s plan to cut about 4000 from its global upstream sector by 2017. Image from BP. All…
BP has reported a 91% drop in Q4 2015 earnings, revealing the impact of the lowest oil prices in more than a decade on the business, and says oil prices look set to 'continue to be challenging in the near term.' The firm's full year underlying profit was a loss of $5…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
