BP
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BP will offer up development concessions while ADNOC will provide cash for growth opportunities. -
Through a swap transaction, the Norwegian major will take over full ownership of the Empire Wind project from BP while the British major will take full ownership of the Beacon Wind project.
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The former company CFO has been acting as interim CEO since September 2023.
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The energy company is following decisions by five big shipping firms as Houthi militants step up attacks on vessels.
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The operator also has increased its stake in the Kaikias field in the Mars basin.
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The well was spudded from the new Azeri Central East platform in the giant ACG field in the Caspian Sea.
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Updates about global exploration and production activities and developments.
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The company has announced that it will be expanding the use of generative AI to assist its employees.
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Nation also changes fiscal regime to attract new investment.
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BP, QatarEnergy and Zarubezhneft were among the other winners.
