BP

By racking up exploration agreements in the United Arab Emirates, Oman, and Bahrain, Eni took a big step forward in its pledge to tap into the Middle East’s vast swaths of highly prospective oil and gas acreage.

BP announced four discoveries in the Gulf of Mexico near existing platforms. It use advanced seismic imaging to identify resources in deepwater locations that can be developed cost effectively using platforms nearby.

The decision comes after the company’s discovery of an additional 400 million bbl of oil in place at Atlantis, one of the largest fields in the gulf.

First gas from the Cassia C platform, which will help maintain production rates to the Atlantic LNG terminal, is expected in 2021. The Matapal project, which will tie back to the Juniper platform, will come on stream in 2022.

Majors BP and Chevron have overcome development challenges and delays to launch their respective Clair Ridge and Big Foot projects.

Cyberattacks are often seen as an IT issue, but the intelligence gained during the development of an effective cybersecurity protocol may serve a broader role as a business driver for energy. What should companies look for in assessing threats?

The rebrand follows the completion of BP’s $10.5-billion purchase of BHP’s assets in the Permian, Eagle Ford, and Haynesville.

The international major has been playing with intelligent programs for years, but this new deal shows that it is now ready to scale those efforts up to cover hundreds of thousands of pieces of equipment.

The expansion is expected to boost production of the deepwater Gulf of Mexico platform by approximately 30,000 BOE/D. It is the fourth major upstream project to begin production for BP in 2018.

Bob Dudley, the chief executive of BP, took charge of the London-based company when it was struggling to survive after the 2010 explosion of the Deepwater Horizon oil rig in the Gulf of Mexico. Dudley recently talked about the oil industry, climate change pressures, and technology.