Wednesday 16 April 2014
 
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BP

Shell, BP sign Kuwait LNG supply deals

Royal Dutch Shell and BP have signed deals to supply Kuwait with liquefied natural gas (LNG) over the next few years, a Kuwait Petroleum Corporation (KPC) official was quoted as saying on Sunday. Kuwait began importing LNG in 2009

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Petrofac wins $1.2bn Oman BP contract

Leading oil and gas service provider Petrofac has clinched a key engineering, procurement and construction (EPC) contract worth $1.2 billion from BP for its central processing facility at the Khazzan gas project in Oman. The contr

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Shale better than green energy to combat climate change

Shale gas offers a cheaper way to replace coal and cut greenhouse gas emissions than renewable power, BP's chief economist said, but dismissed claims that failure to develop it would drive industry out of Europe. The comments

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BP flags Gulf of Mexico find, $1bn Brazil writedown

Oil company BP has announced a major oil discovery at its Gila prospect in the deepwater US Gulf of Mexico on Wednesday along with a $1.08 billion writedown on a failed exploration well offshore Brazil. "The Gila discovery is

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BP to develop $16bn Oman shale gas project

BP has signed 30-year gas production sharing and sales deals to develop Oman's Khazzan tight gas project at an estimated investment of $16 billion, the UK energy giant and Omani government announced on Monday. The Khazzan gas

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Topaz clinches $100m BP contracts

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, has won two contracts worth $100 million from BP for supply of additional vessels in Azerbaijan’s largest oil and ga

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Topaz clinches $100m BP contracts

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, has won two contracts worth $100 million from BP for supply of additional vessels in Azerbaijan’s largest oil and ga

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Oil & gas industry backs digital generation

A majority of oil and gas industry professionals believe that the digital generation will enable emerging technologies to optimise production and enhance safety management, according to a poll. Ninety-three per cent of participant

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Oily gunk found in Louisiana 3 years after BP spill

The amount of oil found on Louisiana's coast has surged this year, three years after BP's Macondo spill in the US Gulf of Mexico, the state's Coastal Protection & Restoration Authority said.   Som

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BP battles for billions in new Gulf trial phase

BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its well. Starting on Monday in New Orleans, t

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