BP
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The Norwegian operator engaged BW Offshore and Altera Infrastructure to take a run at a development scheme for the project. -
The Libyan National Oil Company plans to tender 22 onshore/offshore exploration blocks in 2025 as it works to rebuild credibility with foreign oil producers.
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After overcoming the challenges of a new offshore frontier, BP has begun first gas flow at its ultradeep project offshore Mauritania and Senegal.
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Updates about global exploration and production activities and developments.
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The formal design and construction contract award comes after an LOI for the work was signed this past summer.
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Arcius’ remit covers the Shorouk concession, home to the Zohr gas field whose production decline has been fueled by a lack of investment.
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Permits for the East Side Cluster carbon storage project have been awarded, and participants have begun announcing final investment decisions.
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The plan calls for developing a gas field, CCUS, and onshore compression, with first production expected in 2028.
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The late-season hurricane caused damage across western Cuba and now is setting its sights on the US Gulf of Mexico.
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Speaking at this year's ADIPEC, leaders from BP, Shell, Petronas, ADNOC, and Eni said the energy transition must become profitable and that AI will likely play a key role.
