BP
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Supermajor announces actions to achieve net-zero ambition and reshape business. It also noted that it will not seek to explore in countries where it does not already have upstream activities. -
The deal follows BP’s divestment of its global petrochemicals business in late June.
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The deal includes 15 global sites and over 1,700 staff expected to transfer to INEOS upon completion of the sale. The deal also follows BP’s announcement earlier in the month that it would cut 14% of its workforce.
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World energy is at a “pivotal moment,” says BP CEO in annual statistical review, which reveals contrasts, challenges in energy consumption, production, and emissions.
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Write-offs include billions for early-exploration-stage projects that the company will now cut.
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The oil and gas company is using a new online platform to track its out-of-state workers’ health. Now, it’s offering the code for the program to other organizations for free.
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The two companies worked together in 2019 to improve execution techniques where Petrofac digitalized maintenance and inspection activity.
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The US Supreme Court handed BP unit Atlantic Richfield a victory, making it harder for Montana landowners to seek a more-extensive cleanup of a hazardous waste site than the federal government had ordered.
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TechnipFMC will utilize its service base and umbilical factory in Angola for the EPCI contract.
