BP
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The authors of this paper define a work flow that constrains solutions that match models and field observations and obtains a more-representative model for forecasting and optimizing fracture behavior. -
The appraisal results are not enough to push development forward.
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The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC.
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OSHA cited BP with 10 serious violations, saying the gas production plant lacked adequate training and process controls for leaks. The explosion killed two workers in September.
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BPX Energy, BP’s US onshore upstream business, has expanded MiQ certification to 100% of BP’s US onshore facilities in Texas and Louisiana.
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The supermajor and oilfield service company have teamed up for the second time in 4 years on the deployment of a new optimization software.
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Wind projects take center stage around the world, while Canada finalizes a geothermal energy project. In Finland, construction begins on the country’s first industrial-scale green hydrogen facility.
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BP’s deal with Norway-based Deep Wind Offshore aims to generate nearly half of the 13 GW of electricity Korea plans to produce from offshore wind by 2030.
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Fossil fuel importers could move more quickly to renewables as a domestic alternative to buffer the impact of energy supply disruptions and rising prices.
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In a move seen as part of BP's shift away from fossil fuels, the company said it may stop releasing its Statistical Review of World Energy, which it first published in 1952.
