BP


All posts for BP

Evolution of the major oil company logos

BP In May 1908 a group of British geologists discovered a large amount of oil at Masjid-i-Suleiman in Mohammerah, today the Iranian province of Khuzestan. It was the first commercially significant find of oil in the Middle East. William Knox D'Arcy, by contract with the Emir of Mohammerah, Sheikh ...

OilVoice Press


Posted 4 hours agoOpinion > BPTexacoChevron +2

BP Awards Schlumberger Contract for Mad Dog 2 Project

EPCI contract includes supply of subsea production system HOUSTON, March 21, 2017—OneSubsea, a Schlumberger company, today announced the award by BP of an engineering, procurement and construction (EPC) contract to supply the subsea production system for the Mad Dog 2 development in the Gulf of Me ...

OilVoice Press


Posted 2 days agoPress > BPSchlumbergerMad Dog Phase 2 +1

Oil price, Tullow, IGas, Range Resources, Sundry-BP/Ineos- And finally…

Oil price All quiet on the oil price front although the IEA report was marginally positive suggesting that Opec were at 98% 0f quotas and although they cut their world oil demand growth for this year a touch. The main supporter of the Opec output fall is the KSA who are leading by example having r ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > oil priceMalcy's BlogIGas +3

Supermajors’ Cost Index: How Efficient are they in Developing their Assets? | Petroleum Africa

The ‘lower for longer' oil price environment has forced oil and gas companies to look hard at their cost structures. Despite development costs accounting for more than 50% of total costs, the industry currently acks a widely accepted measure for assessing efficiency in this area.

Muktadir Ur Rahman


Posted 15 days agoLink > Supermajors Cost IndexBPShell +20

Study: Oil, Gas Development Costs Fall, But Could Go Lower

Looking specifically at seven supermajors—BP, Royal Dutch Shell Plc (NYSE: RDS.A), Eni (NYSE: E), Chevron Corp. (NYSE: CVX), ExxonMobil Corp. (NYSE: XOM), Total (NYSE: TOT) and ConocoPhillips (NYSE: COP)—development cost per barrel of oil equivalent (boe) increased by 66% between 2011 and 2015, bu ...

Muktadir Ur Rahman


Posted 24 days agoLink > Supermajors Cost IndexBPShell +20

Sparrows Group Retains BP North Sea Contract

Sparrows Group has successfully retained its current North Sea Mechanical Handling and Crane Management contract with BP, which will extend the working partnership between the two companies to over 50 years. The contract sees the lifting and mechanical handling specialist operating and maintaining ...

Jamie MacDonald


Posted 1 month agoPress > SparrowsBPContract +1

The Oil War Is Only Just Getting Started

It's been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how U.S. shale is responding to fifty-plus-dollar oil with rebounding drilling activity. Those two main factors are largely neutralizing each ...

Oilprice Staff


Posted 1 month agoOpinion > oil priceoil warBP

BP Energy Outlook: an energy transition is underway

    Global energy demand to increase by around 30% to 2035, driven by increasing prosperity in developing countries, partially offset by rapid gains in energy efficiency Technological improvements and environmental concerns are changing the mix of primary energy demand but oil and gas, tog ...

OilVoice Press


Posted 1 month agoPress > BPEnergy Outlook

EnQuest acquires from BP an initial 25% interest in the Magnus oil field

ACQUISITION OF 25% OF MAGNUS OIL FIELD ENQUEST TO TAKE OVER OPERATORSHIP OF MAGNUS, SULLOM VOE TERMINAL AND ASSOCIATED INFRASTRUCTURE WITH NO CASH OUTLAY  EnQuest PLC (together with its subsidiaries, "EnQuest"), is pleased to announce an agreement to acquire from BP an initial 25% interest in t ...

OilVoice Press


Posted 1 month agoPress > EnQuestBPMagnus oil field

BP to sell part of interests in Magnus field and Sullom Voe terminal in UK North Sea to EnQuest

BP today announced it has agreed to sell part of its interests in the Magnus oil field and some associated pipeline infrastructure in the UK northern North Sea and in the Sullom Voe Terminal (SVT) on Shetland to EnQuest. Included in the agreement are: 25% of BP's 100% stake in Magnus, 25% of BP's ...

OilVoice Press


Posted 1 month agoPress > BPEnQuestNorth Sea

BP’s Juniper platform sets sail for offshore Trinidad

BP Trinidad and Tobago LLC (bpTT) today announced that the new Juniper offshore platform has begun its journey towards the southeast coast of Trinidad where it will be installed as bpTT's 14th offshore installation. The Juniper project is a US$2 billion investment in Trinidad and Tobago and one of ...

OilVoice Press


Posted 2 months agoPress > BPTrinidadJuniper platform

Sharp Mountain Conferences Chemical Engineering Innovation

Sharp Mountain Conferences Chemical Engineering Innovation is  48 days away.This conference will be taking place at the prestigous: HILTON COPENHAGEN AIRPORT  Ellehammersvej 20  I  2770 Kastrup  I  Denmark  Date 27th February 2017  to  1st March 2017 Please note we have reduced the price of the c ...

Hilton Hannibal - Oil Political Diligence


Posted 2 months agoPress > PlattsBPTNK-BP +2

BP's Rumaila oilfield achieves 3 billion barrel production landmark

Production increased by more than 40% since BP joined partnership to redevelop Rumaila oilfield in 2010 Oil production rate highest in 27 years Around $200 billion generated for the Iraqi economy Production boosted by new technologies, refurbishment of existing assets and one of the largest wat ...

OilVoice Press


Posted 3 months agoPress > BPIraqRumaila

BP awarded 10% interest in Abu Dhabi's ADCO onshore concession

Provides BP with material long-term onshore oil reserves, production and cash flows Deepens long-standing strategic relationship, Abu Dhabi takes important equity holding in BP   BP today signed an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National O ...

OilVoice Press


Posted 3 months agoPress > BPADCOAbu Dhabi

BP agrees deal with Kosmos Energy to partner on world-class discoveries in Mauritania and Senegal and cooperate on future exploration

The deal gives BP a leadership position in an emerging world-class, low-cost gas basin with advantaged access to global gas markets  BP announced today that it has signed agreements with Kosmos Energy to acquire a 62% working interest, including operatorship, of Kosmos' exploration blocks in Maur ...

OilVoice Press


Posted 3 months agoPress > BPKosmos EnergyMauritania +1