UAE Dolphin project
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.
Consortium to invest in LNG pipeline
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.
Pride to build platform rigs for BP
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.
Record-breaking Caspian Oil and Gas 2001
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.
BP to expand solar production in Spain
BP today announced that it has agreed in principle to acquire Agere Systems' semiconductor plant in Madrid as a base for a five-fold expansion of its solar photovoltaic cell manufacturing in Spain.
TECHNIP wins gas award for Azerbaijan
TECHNIP has won from BP the Front End Engineering Design (FEED) for the Shah Deniz offshore production and drilling facilities, located some 80km offshore in the Caspian Sea.
BP to invest USD 8–9 billion in Azerbaijan
BP plans to invest USD 8–9 billion in Azerbaijan in the next four years, the head of the company’s Azeri operations said.