BP

Project should add just over 10,000 B/D to Na Kika throughput.

The newbuild vessel will be used in partnership with Kirby Offshore Wind on the Empire wind farm off New York.

The impact of COVID-19 on the global economy, and thus its oil and gas consumption habits, is seen as less severe in the supermajor's latest annual outlook.

Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.

The European energy sector is redrawing its energy map as BP, Shell, and Equinor announce plans to pull out of Russia. The moves will result in many billions of dollars in writeoffs.

Subsidies lapse while others take hold in a bid to bolster offshore wind energy capacity around the globe.

The London-listed supermajor says the latest project could help it deliver 30% of the UK's goal to reach 5 GW in hydrogen production capacity by 2030.

Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed.

Field will deliver gas to Trinidad market from a resource discovered in 2017.

Project is part of BP’s plan to grow GOM production to 400,000 B/D by mid-decade.