BP


All posts for BP

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.  “ ...

OilVoice Press


Posted 15 hours agoPress > BPSinopec

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 ...

OilVoice Press


Posted 24 days agoPress > BPIneosForties Pipeline +1

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 ...

OilVoice Press


Posted 1 month agoPress > BPEgyptDiscovery

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 1 month 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 1 month 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 1 month 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 1 month 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 2 months 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 2 months 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 2 months 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 3 months 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 3 months 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 3 months 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 3 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 3 months agoPress > PlattsBPTNK-BP +2