BP


All posts for BP

Almost 40% of Global Liquefied Natural Gas Trade Moves Through the South China Sea

Source: U.S. Energy Information Administration, based on IHS EDIN, BP Statistical Review of World Energy 2017 , and Chinese import statistics from Global Trade Tracker Note: Click to enlarge . The South China Sea is a major route for liquefied natural gas (LNG) trade, and in 2016, almo ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > EIAEnergy Information Administration EIALNG +5

Rising Oil Prices Lift BP's Fortunes

Fiona Cincotta, a senior market analyst at www.cityindex.co.uk The rising oil price has certainly lifted BP's fortunes, though the extent of this bumper profit increase is testament to the company's cost-cutting efforts.  Getting its break-even cost down to $49 a barrel is no mean feat and has hel ...

Fiona Cincotta


Posted 2 years agoOpinion > BP

Oil price, Jersey Oil and Gas, President Energy, Wentworth Resources, BP And finally…

  Oil price The market ran out of steam yesterday, there was no shortage of good news but a combination of profit taking and a lessening of geopolitical risk in Kurdistan as I reported yesterday, took the heat out of the market. That was added to by Shell lifting the Force Majeure on Bonny Ligh ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceJersey Oil & GasPresident Energy +5

Nostra Terra Hedging Facility With BP Energy Company

Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, is pleased to announce it has secured a hedging facility with BP Energy Company, part of the BP plc group. Nostra Terra intends to use the hedging facility in conjunction ...

OilVoice Press - OilVoice


Posted 2 years agoPress > BPNosta TerraHedging +2

A remarkable new book about Middle East oil

‘An excellent, readable introduction to the history and development of oil in the Middle East, following in the footsteps of Daniel Yergin's authoritative study, The Prize . It is a complicated story but Quentin Morton handles it well with engaging, insightful, and humorous details that bring the b ...

Michael Morton


Posted 2 years agoPress > Middle EastSaudi ArabiaIran +8

Shape Shifting!

The Majors ‘shape shift' whilst E&Ps slumber! Despite my feeble attempts at damning current newspaper articles as “silly season” journalism, here I touch on a couple of interesting ones from the Times on Friday and today. Firstly, one about Shell – similarly to BP - adopting a ‘lower forever' mi ...

Petromall Insights


Posted 2 years agoOpinion > Energy SuppliersBPShell +1

Total, LLOG, Shell, Marubeni and ConocoPhillips Share Well Intervention Best Practice

The speaker & sponsor line-up for the 4th Offshore Well Intervention GOM Conference on Nov 1-2 in Houston has now been announced: http://tinyurl.com/y7resf7t T he speaker & sponsor line-up for the 4th Offshore Well Intervention GOM Conference on Nov 1-2 in Houston has now been announced: http:// ...

Erin Smith - Offshore Network


Posted 2 years agoPress > Gulf Of Mexicowell interventionworkover +15

AGR’s software is now used to create efficiencies in Aker BP’s Drilling & Well department

Our software portfolio is now in use in Aker BP's Drilling & Well department for drilling activities on the Norwegian Continental Shelf (NCS). Aker BP has been a long standing client of AGR's software solutions, having used both the P1 ™ and iQˣ ™ on its projects for a number of years. The ...

Maria Djomina - AGR


Posted 2 years agoPress > AGR Softwarepetroleum softwareE&P Software +6

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 ...

Jamie MacDonald


Posted 2 years agoPress > heriot-wattBP

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 ...

OilVoice Press - OilVoice


Posted 2 years agoPress > BPShetlandNorth Sea +1

BP announces start of production from West Nile Delta development achieving first gas eight months ahead of schedule and production 20 percent above plan

    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 ...

OilVoice Press - OilVoice


Posted 2 years agoPress > BPWest Nile DeltaEgypt

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


Posted 2 years agoOpinion > Malcy's BlogHurricane EnergySavannah Petroleum +4

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 ...

OilVoice Press - OilVoice


Posted 2 years agoPress > BPKosmos EnergySenegal +1

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


Posted 2 years agoOpinion > Malcy's BlogFARIGas +2

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 - OilVoice


Posted 2 years agoPress > BPSinopec