BP

Natural gas accounted for almost 45% of global demand growth last year.

The criticality of above-water riser hull piping requires frequent inspections. Traditional manual inspection methods present safety and efficiency concerns, but work is being done to see if robotic technologies—such as drones and crawlers—can do the job as good as, or even better than, humans.

The deepwater Gulf of Mexico project is expected to add 50,000 B/D of oil production through the construction of two new subsea production units and production wells.

Analytics, sensors, and robots are changing the way one of the world’s largest oil and gas companies does business. Underpinning all the new technology though is a shift in how BP thinks, and what it means to be a supermajor in the 21st century.

Digitalization and new technologies are disrupting old practices and shaping a new safety landscape for the oil and gas industry. At OTC, a panel sponsored by the Center for Offshore Safety looked at the effects of some of these new technology trends.

BP and partners have sanctioned the Azeri Central East project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli oilfield complex in the Azerbaijan sector of the Caspian Sea.

The oil and gas major has set aside $100 million to fund projects that will deliver new greenhouse gas emissions reductions in its upstream oil and gas operations.

The major’s dominant showing in US Gulf of Mexico Lease Sale 252 propelled another rise in bids and dollars for the biannual regionwide auction.

The energy transition is underway, and the push to reduce carbon emissions will be at the forefront of industry discussion in the coming years. What role will oil and gas play in the changing landscape? How diversified can our fuel mix be while still meeting growing energy demand?

The vessel will produce approximately 2.5 mtpa of LNG for the project, which is expected to deliver first gas in 2022.