Tag: BP

BP starts production at Clair Ridge oil field

BP, on behalf of co-venturers Shell, Chevron and ConocoPhillips, announced the first oil production from the giant Clair Ridge project in the West of Shetland region offshore UK.

BP & Aker BP form technology alliance

BP recently announced that it has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses.

BP receives OGA approval to develop Vorlich field

BP recently announced that it has received the approval from the Oil and Gas Authority (OGA) to proceed with the Vorlich development in the central North Sea, which will target 30 million barrels of oil equivalent, expected to produce 20,000 barrels gross of oil equivalent a day at peak.

BP appoints non-executive directors

BP has announced the appointment of Helge Lund and Pamela Daley as new non-executive directors. Helge Lund will join the board as a non-executive director by first week of September, becoming chairman on 1 January 2019 when Carl-Henric Svanberg steps down.

BP increases share in Clair field & sell Kuparuk field

BP recently announced that it has entered into agreements with ConocoPhillips that will significantly increase its holding in the Clair field, a core asset of BP’s North Sea business in the UK, while also selling its non-operating interest in the Kuparuk and satellite oilfields in Alaska.

SUBSEA 7 and BP receive award

BP and Subsea 7 were presented with the Collaboration Award during SPE Offshore Achievement Awards at the Aberdeen Exhibition and Conference Centre on March 22, 2018.

New chairman, president BP America

BP confirmed that Susan Dio has been appointed chairman and president of BP America Inc., BP’s chief representative in the United States, from 1 May 2018.

McDermott & BHGE for BP contracts

McDermott International, Inc. (MDR) and Baker Hughes, a GE company (BHGE) announced the selection of front-end engineering design (FEED) studies in advance of a substantial engineering, procurement, construction and installation (EPCI) contract for BP’s Tortue/Ahmeyim Field Development.

BP board launches search for new chairman

BP Chairman Carl-Henric Svanberg has informed the company’s board of directors of his intention to retire. Mr Svanberg will chair the annual general meeting to be held in May 2018 and will remain in position until a successor is in post.

CH2M wins contract on BP project

CH2M has been awarded a new marine engineering support contract on BP's Tortue development offshore Mauritania and Senegal.