BP
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Contactor will provide EPCI work related to the subsea portion of the 20K Gulf of Mexico development.
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In this exclusive Q&A, Giovanni Cristofoli, senior vice president of bp Solutions, shares insights into how his team is redefining operational strategies and fostering agility to bridge competitive gaps and enhance efficiency. Highlights include the integration of digital tools, data science, and a unified approach to tackling complex problems.
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The new contract extends a decadelong relationship and expands the use of AI and digital twins.
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Collaboration agreement lays foundation for advancing tech and know-how for harsh environment operations.
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H2Teesside is expected to be one of the UK’s largest low-carbon hydrogen production facilities, targeting 1.2 GW of low-carbon hydrogen production, which equates to more than 10% of the UK’s 2030 hydrogen production target.
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The Space Act Agreement will allow BP and NASA to share technologies and technical expertise with the goal of benefiting human space exploration and energy production.
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ConocoPhillips’ CEO Ryan Lance sees a future for petroleum engineers as the energy mix expands.
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The operator will utilize drillship Deepwater Invictus for both development and exploration drilling under a 3-year pact.
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First oil is expected in 2029 from the development, which has a budget under $5 billion.
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BP’s 2024 Energy Outlook warns delayed decarbonization efforts will result in costly and disorderly energy transition.