Purchase of BP's Texas City Refinery and Related Assets Closes
Marathon Petroleum Corporation (NYSE: MPC) today announced that it has closed the transaction with BP to purchase several assets, including a 451,000 barrel per calendar day refinery located in Texas...
View ArticleFMC Technologies Awarded Subsea Contract for BP's Thunder Horse Field
FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from BP (NYSE: BP) for the manufacture and supply of subsea equipment to support water injection in the Thunder Horse...
View ArticleParticipation in Floating Production Platform Project for Tubular Bells Field...
Marubeni Corporation (“Marubeni”) announced that it has entered into an agreement with Tulsa based Williams Partners, L.P. (“Williams”), one of the largest US oil & gas infrastructure master...
View ArticleBP FPSO PSVM Achieves First Oil; a significant milestone for MODEC
MODEC announced today that the BP Angola Business group has started full scale hydrocarbon production on FPSO PSVM within its fields in Block 31 offshore Angola. This milestone marks a significant...
View ArticleBP and RIL Update Government of India on KG D6 Block Enhancement Plan
Bob Dudley, BP Group Chief Executive and Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL) met with the Indian Minister of Petroleum and Natural Gas, Dr Veerappa Moily...
View ArticleTechnip awarded a five-year contract by BP Angola for engineering and...
Technip was awarded by BP Angola an important five-year contract* for engineering and modification services for the existing Greater Plutonio and Plutao, Saturno, Venus and Marte (PSVM) floating...
View ArticleBP Prepared to Defend Itself Against Claims by US Government, States and...
BP is preparing for the federal civil trial beginning next Monday in the Deepwater Horizon Multi-District Litigation pending in the US District Court for the Eastern District of Louisiana. This...
View ArticleLimited production start-up at In Aménas
The In Aménas gas facilities in Algeria operated by the Joint Venture partners Sonatrach, BP and Statoil, initiated a limited production start-up yesterday, Friday 22 February. Production from the...
View ArticleAMEC awarded £68 million Clair Ridge hook up contract, North Sea
AMEC, the international engineering and project management company, has been appointed by BP and its co-venturers, Shell, ConocoPhillips and Chevron, to deliver the hook up and commissioning services...
View ArticleBP-Husky Celebrates Successful Start Up of Reformer Project with Ribbon...
BP-Husky Refining LLC today marked the successful commissioning of a state-of-the-art naphtha reformer at the joint venture’s Toledo Refinery with a ribbon cutting ceremony at the 160,000 barrel per...
View ArticleFMC Technologies Awarded Subsea Contract for BP's Mad Dog Phase 2
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a contract with BP (NYSE: BP) for the manufacture and supply of subsea equipment to support the Mad Dog Phase 2 field development....
View ArticleRosneft and BP Complete TNK-BP Sale and Purchase Transaction
Rosneft and BP today completed a number of transactions, in line with the terms announced in October 2012. As a result of the transactions: BP receives net $12.48 billion in cash, including a TNK-BP...
View ArticleBP Successfully Completes Flow Test of Itaipu-1A Well, Offshore Brazil
BP today announced that it has completed a successful flow test of the Itaipu-1A discovery well offshore Brazil. The drill stem test was the latest activity in the ongoing appraisal programme at the...
View ArticleGreater Clair Appraisal Programme Approved
BP and its co-venturers Shell, ConocoPhillips and Chevron announced today their decision to proceed with a two-year appraisal programme to look at the possibility of developing a third phase of the...
View ArticleShah Deniz Begins Evaluating Final Gas Transportation Offers
The Shah Deniz consortium has begun evaluating final offers it has received from the Nabucco Gas Pipeline International and Trans Adriatic Pipeline (TAP) for transportation of Shah Deniz Stage 2 gas...
View ArticleBP Announces Sale of Interest in Polvo Field, Brazil
BP announced today that it has agreed to sell its 60% interest in the Polvo oil field in Brazil to HRT Oil & Gas Ltda for $135m in cash. Subject to regulatory approvals, BP expects the deal to...
View ArticleBP Cherry Point Refinery Celebrates Start Up of New Diesel and Hydrogen Units
BP today announced the successful commissioning of a state-of-the-art diesel hydrotreater and hydrogen plant at its 234,000 barrel per day Cherry Point Refinery located in Blaine, Washington. “BP is...
View ArticleBP Wins Eight Deepwater Exploration Blocks in Brazil Round 11
BP and partners Total, Petrobras and Petrogal were yesterday named winning bidders for eight deepwater blocks offshore Brazil in the Brazilian National Petroleum Agency’s (ANP’s) 11th bid round. BP...
View ArticleTesoro Corporation Receives FTC Clearance for Purchase of BP's Southern...
Tesoro Corporation (NYSE:TSO) announced today that the Federal Trade Commission ("FTC") has cleared the Company's planned acquisition of BP's fully integrated Southern California Refining and...
View ArticleRIL, BP and NIKO Announce a Significant Gas Condensate Discovery in Deepwater...
Reliance Industries Limited (RIL) and its partners BP and NIKO today announced a significant gas and condensate discovery in the KG D6 block off the eastern coast of India. The KGD6-MJ1 well was...
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