Majors’ global selling spree could fetch $27.5 billion
Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total $27.5 billion, according to Rystad Energy’s latest assessment.
BP
DecomWorld annual D&A summit returns with record numbers
DecomWorld – part of Reuters Events- today announced the global E&P delegations already confirmed to attend their 2020 Decommissioning and Abandonment Summit along with an international operator speaker faculty
John Crane Asset Management hires new boss, based in Houston
Energy service firm John Crane Asset Management Solutions (JCAMS) has appointed a new managing director in the US to replace its former Aberdeen-based boss.
Boss Thomas says Ithaca ‘raring to go’ after Chevron acquisition
Ithaca Energy’s boss said yesterday that the enlarged company was “raring to go” after completing the £1.6 billion acquisition of US firm Chevron’s UK North Sea business.
National Galleries of Scotland cuts ties with BP
The National Galleries of Scotland has severed Portrait Award funding ties with BP over the "climate emergency".
ADNOC sets out Murban Futures plan
Abu Dhabi is taking steps to cement its position as a reliable supplier through the launch of the Murban Futures contract.
Industry champions celebrated at Oil and Gas UK Awards
Champions of the offshore industry were honoured in style at the annual Oil and Gas UK Awards last night.
BP invests £8.6m in Finnish transport software start-up
BP Ventures is investing £8.6 million in MaaS Global, a provider of digital mobility software designed to make transport easier and smarter.
Major energy exports event back in Aberdeen for second edition in 2020
A major energy sector conference which debuted in Aberdeen this year will return for a second installment in 2020.
Eye ‘must be kept’ on the decommissioning ball, experts warn
The UK oil and gas sector must be alive to the threat of rising costs in its quest to become the global expert in cost-effective decommissioning, industry experts have warned.
EnQuest working on ‘many potential solutions’ for stricken North Sea rig
Oil firm EnQuest has said it is working with suppliers on a range of options for restoring the Thistle platform to production.
LNG comes through for Shell and Total
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
BP awards FEED contract to Rever for North Sea tie-back
Oil major BP has dished out a contract to Rever Offshore for a subsea tie-back project in the UK North Sea.
Updated: Storms, lower prices and divestment charge push BP into the red
Storms, lower oil prices and impairments pushed energy giant BP into the red in the third quarter of 2019.
Oil major investors bracing for bad news as headwinds gather
Slumping energy prices, sluggish global demand and shrinking chemical margins are weighing on the oil industry as its biggest names prepare to announce quarterly results to investors demanding ever-higher payouts.
BP, Kosmos in major gas find off Mauritania
BP and Kosmos Energy have made a "major gas discovery" offshore Mauritania.
BP’s outgoing boss to be dealt a blow by low oil price
BP will likely want to focus eyes on its production and away from profitability as chief executive Bob Dudley presents his final third quarter results on Tuesday.
BP branching out further on carbon emissions
Energy major BP has invested £3.9 million in a US company that helps people get paid for planting and looking after trees in North America.
McDermott wins subsea system contract for project off Africa
McDermott International has been awarded a fabrication subcontract for the Greater Tortue Ahmeyim natural gas project located offshore Mauritania and Senegal.
BP to build $25m plastic recycling tech plant in US
Energy giant BP has developed technology allowing currently unrecyclable polyethylene terephthalate (PET) plastic to be transformed into feedstocks.
Tackling climate change not just a job for big business, BP’s Dudley says
BP's chief executive has said tackling climate change is not the sole responsibility of big business.
Governments must tax non-renewable energy, BP chief says
BP's chief executive has said governments need to target consumers' pockets before the energy industry will prioritise sustainable sources over non-renewables.
BP engineer discusses parental leave support in oil and gas industry
Energy Voice had a Q&A with Elizabeth Padmos - an industry veteran of 23-years - on the importance of parental leave in the North Sea oil and gas industry and wider engineering sectors.
UK politicians push for divestment of BP and Shell shares
A group of 300 British politicians are pushing the trustees of the Parliamentary Pension Fund to sell shares of BP Plc and Royal Dutch Shell Plc to ward off the risks of climate change.
BP signs agreement with ZPCC to build 1m tonne China plant
Oil giant BP has announced that it has signed an agreement with China's Zhejiang Petroleum and Chemical Corporation (ZPCC) to build a 1 million tonne acetic acid plant in the county.