Dresser-Rand has received orders to supply power generation equipment to the BP Deep Water Development Programme in the Gulf of Mexico.
Algerian state oil and gas company Sonatrach and BP are to finalise a deal for the development of the USD 2.5 billion In Salah gas project, officials at the two companies have said.
UOG, the Arab Emirates group, will chose one company out of five western oil companies by the end of the year to replace US group Enron in the Dolphin gas project, in which French oil group TotalFinaElf is a partner.
British Petroleum and British Gas formed the Pacific LNG Inversiones consortium to invest USD 5 billion in a project aimed at exporting liquefied natural gas from Bolivia to the US and Mexico.
Drilling contractor Pride International is in exclusive talks with BP over a contract to design, build and manage up to three major new-build platform rigs for the supermajor's deep-water developments in the Gulf of Mexico.
Records were broken at this year’s Caspian Oil and Gas exhibition and conference: 15,000 visitors attended the show, 10,000 of whom were trade – the highest number in the eight-year history of the show.