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NEWS |
Aker BP receive consent for drilling on Volund field
The PSA has given Aker BP consent to use the Deepsea Stavanger mobile drilling facility for production drilling on the Volund field in the North Sea.
NEWS |
BHP's board approves funding for BP-led U.S. oil project
BHP Group, the world’s largest miner, said on Wednesday its board has approved $696 million (540 million pounds) in funding to expand production at the BP PLC-led Atlantis oil project in the U.S. Gulf (...)
NEWS |
Aker BP makes oil and gas discovery in North Sea
Norwegian oil exploration and development company Aker BP has discovered an oil and gas reservoir near the Alvheim field in the North Sea.
NEWS |
Egypt aims to be a Mediterranean energy hub
Energy demand in Egypt has been rising in recent years. Yet, oil production in Africa’s largest non-OPEC producer has been declining.
NEWS |
Odfjell Drilling: BP extends contract for platform drilling services
The company has announced that BP will continue to use their services on the UK continental shelf.
NEWS |
Interview with Thomas Sunde, Vice President of Technology at Subsea 7
Interview with Thomas Sunde, Vice President of Technology at Subsea 7
NEWS |
Crude oil production from Mexico's Pemex up slightly in December
Crude production from state-owned oil company Pemex averaged 1.71 million barrels per day (bpd) in December, up 0.8 percent compared to output the previous month, according to company data published o (...)
NEWS |
BP invests $5m in AI firm as it looks to technology to boost its exploration activities
BP’s venture capital division has invested $5m in an artificial intelligence firm in a bid to bolster its “digital capabilities” for its activities around oil and natural gas exploration.
NEWS |
McDermott awarded EPC contract by BP Trinidad & Tobago' s Cassia
McDermott International, Inc. has announced a significant contract award by BP Trinidad & Tobago, LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform.
NEWS |
BP’s CEO sees oil demand growth despite economic fears
BP expects solid oil demand growth in 2019 despite growing concerns about a global economic slowdown, CEO Bob Dudley said Tuesday.
NEWS |
Aker BP transfers Ivar Aasen operations onshore
Norwegian oil company Aker BP has moved its Ivar Aasen operations in the North Sea to its offices at Trondheim, becoming the first company on the Norwegian Continental Shelf to operate a staffed platf (...)
NEWS |
Equinor Wins 29 Licenses in NCS, Finds Gas in Ragnfrid North
Equinor ASA recently won 29 licenses for exploration in mature regions of the Norwegian Continental Shelf (NCS).
NEWS |
BP chooses Tenaris for OCTG and Rig Direct in Indonesia
BP signed on January 9, 2019 in its Jakarta offices a cooperation contract with Tenaris to provide high quality OCTG products and accessories with Rig Direct® service, to support drilling activities i (...)
NEWS |
BP Unlocks One Billion Barrels In Gulf Of Mexico With New Tech
Earlier this decade, BP and the Gulf of Mexico was an awkward and uneasy collocation for the UK oil supermajor after the 2010 Deepwater Horizon disaster.
NEWS |
Oil exploration in North Sea 'to bounce back' in coming year
Oil exploration in the North Sea is expected to begin a bounce back over the coming year, according to analysts Wood Mackenzie.
NEWS |
TechnipFMC awarded integrated EPCI contract for the BP Atlantis Phase 3 Project in GoM
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by BP for the Atlantis Phase 3 project.
NEWS |
TechX - Pioneering and Accelerating into 2019
With just under a month left to apply for this year’s cohort of our technology accelerator programme, TechX Pioneers, it’s a great time for us to celebrate the successes of the class of 2018, as well (...)
NEWS |
Aberdeen tech start-up has record year with increase in turnover by 34 times
2018 has been a momentous year for subsea 3d scanning specialists, Viewport3. Despite being in only their second year of trading, the Aberdeenshire tech start-up has enjoyed turnover and growth far in (...)
NEWS |
Faroe Petroleum's Asset Valuation At Premium To DNO's Takeover Offer
UK and Norway-focused oil and gas company Faroe Petroleum PLC on Wednesday published an independent valuation of its assets, which is said to highlight the inadequacy of DNO ASA's GBP608 million takeo (...)
NEWS |
OPEC+ Caps Prove No Barrier to Record Russian Oil Output in 2018
Russia’s oil production reached a post-Soviet high last year even as it coordinated supply with the Organization of Petroleum Exporting Countries (OPEC).
NEWS |
Ghana's First Oil Exploration Licensing Round Attracts Global Majors
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country's first exploration licensing round, its energy ministry said.
NEWS |
Equinor completes sales of two non-core NCS assets
Equinor has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) that were both announced in October 2018.
NEWS |
BP And Kosmos Sanction West African LNG Project
BP plc (NYSE:BP) teamed up with Kosmos Energy Limited (NYSE:KOS) to develop a massive offshore gas field that is located between Senegal and Mauritania in West Africa.
NEWS |
On Equinor’s wishing list is a new oil field near border to Russia
The Norwegian Petroleum Directorate has granted the necessary drill permits for two wells located on 71 degrees North, about 170 km north of the Norwegian mainland.
NEWS |
Saipem wins $1.2bn Egypt offshore EPCI services deal
Saipem signed an offshore contract addendum worth more than $1.2 billion with Petrobel for EPCI activities in relation to the “Ramp Up to Plateau” phase of the “supergiant” Zohr Field Development Proj (...)
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