BP has promised its employees their jobs are safe over the next three months, while the oil major considers ways to cut costs with crude prices plunging.
A “virtual” remembrance service will be held tomorrow to mark 11 years since a fatal helicopter crash near Peterhead.
BP will be bracing for a delay in the start-up of its third liquefied natural gas (LNG) train at the Tangguh LNG project in West Papua province, Indonesia, due to the Covid-19 pandemic.
A series of North Sea operators are working to remove cabin sharing offshore “wherever possible” in order to prevent the spread of the coronavirus.
BP has inked a new contract lasting up to 10 years for the vessel which serves its Foinaven field, west of Shetland.
Oil and gas giant BP is set to work with a shareholder activist group towards a climate resolution, it announced today.
BP is reassessing the “chosen venue” for its 2020 Annual General Meeting as the planned site is being converted into a coronavirus field hospital.
Power has been restored to BP’s ETAP installation, weeks after a fire forced it to be downmanned.
An oil and gas industry in “survival mode” could put plans to transition to a cleaner energy sector “on the back burner”, according to a top analyst.
A multi-million pound MP pension fund is still too “heavily invested” in the oil and gas sector despite a significant reduction in financial backing, according to a cross-party campaign group.
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Bristow Helicopters has used modified three former search and rescue (SAR) helicopters to bring North Sea workers suspected to have coronavirus to shore.
A trade union official has said the North Sea is firmly in the grip of coronavirus “fear” and lamented a perceived lack of leadership.
A worker who has shown symptoms of the coronavirus has been placed into quarantine on Shell’s Brent Charlie platform in the North Sea.
Apache is the latest in a growing list operators to confirm it is taking measures to prevent the spread of the coronavirus in the North Sea.
BP’s Angolan production continued to decline in 2019, extending the trend of the last few years.
Flights have been resumed to one of the UK’s largest gas fields after a worker suspected to have coronavirus was taken to shore.
Energy giant BP has joined a list of operators working to reduce offshore crew numbers on its North Sea assets in response to the coronavirus outbreak.
To understand the crisis engulfing the world’s largest oil companies, just look at their dividend yields.
Kosmos Energy has set out plans to reduce planned capital expenditure in 2020 to under $250 million.
BP Plc said it can slash its spending by as much as 20% this year as the oil market goes into freefall, with some U.S. operations likely to get less investment.
Helicopter flights to BP’s offshore platforms west of Shetland are to bypass the islands in an effort to avoid spreading coronavirus.
The last time crude prices crashed in 2014, the North Sea looked like a treasure trove for private equity looking to buy cheap assets, build them up and sell for a profit. Now, just as these firms are seeking an exit, the oil-price war might leave them trapped
A trio of London-listed oil and gas firms today insisted they could overcome volatile market conditions at the end of a bruising week.
Work is still ongoing to restore full power to BP’s ETAP platform in the North Sea, three weeks after a small fire caused the installation to be down-manned.