Heriot-Watt sets global data landscape for BP Statistical Review
The economics professor who leads the in-depth data collation process for BP's annual Statistical Review of World Energy has welcomed the energy major's latest findings as “clear evidence of a major transformation in the global energy landscape”. Professor Mark Schaffer, Director of the Centre for ...BP announces start of production from Quad 204 project, west of Shetland
UK project is the third of seven new upstream major projects expected to come on stream for BP in 2017. BP, on behalf of co-venturers Shell and Siccar Point Energy, is pleased to announce first oil from the redeveloped Schiehallion Area, following completion of the multi-billion-pound Quad 204 pro ...
BP today announced that it has started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt. The project was delivered eight months ahead of start-up schedule and under budget. First gas was exported to Egypt's national grid on 24 March ...Oil price, Hurricane, Savannah, Europa, Amerisur, Kosmos/BP, And finally…
Oil price That was the week that was, even after the rally on Friday, both WTI and Brent were down the best part of three bucks on the week. As I said before, it was a momentum thing and the data showed that money managers did indeed follow the bear and took money off the table. Some people find i ...Malcolm Graham-Wood - Malcy's Blog
BP announces major gas find offshore Senegal
Yakaar-1 exploration well result confirms potential scale of the petroleum system offshore Mauritania and Senegal LONDON - BP along with joint venture partner Kosmos Energy announced today a major gas discovery offshore Senegal. The Yakaar-1 exploration well was drilled to a total depth of appro ...Oil price, FAR Limited, IGas Energy, Sundry-BP-Falcon O&G- And finally…
Oil price Yesterdays close was off the worst of the day but nothing to write home about, the market is getting into a tizzy about product prices a full month before the driving season as demand hasn't picked up yet. Others feared for output from Libya where the Sharara and the El Feel fields appe ...Malcolm Graham-Wood - Malcy's Blog
BP agrees sale of interest in SECCO to Sinopec
BP today announced that it has agreed to sell its 50% stake in the Shanghai SECCO Petrochemical Company Limited (SECCO) to Gaoqiao Petrochemical Co Ltd, a 100% subsidiary of China Petroleum & Chemical Corporation (Sinopec), BP's joint venture partner, for a total consideration of $1.68 billion. “ ...BP to sell Forties Pipeline System to INEOS
BP today announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS. Subject to partner, regulatory and other third party approvals, operatorship ...BP makes third gas discovery in North Damietta Concession, East Nile Delta, Egypt
BP announced today another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 metres in water depth of approximately 108 metres using the El Qaher II jack-up rig. The wireline logs, pr ...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 ...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 ...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
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. 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 ...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 ...
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Heriot-Watt sets global data landscape for BP Statistical Review
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