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Neptune Energy taps Valaris jackup for Seagull development

Neptune Energy taps Valaris jackup for Seagull development

Neptune Energy and its joint venture partners BP and JAPEX announced Valaris has been awarded a contract. The merger of Neptune Energy Norge with VNG Norge creates a strong platform with a broad operating skillset. Eko Lumadyo joins the company as Managing Director of the Indonesian business. The Company earns four licences as operator and...

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BP’s Dudley drawing up plans to step down within 12 months, Sky News says

BP’s Dudley drawing up plans to step down within 12 months, Sky News says

BP CEO Bob Dudley took the helm after the 2010 Deepwater Horizon oil spill crisis. BP agrees to sell its entire business in Alaska to Hilcorp in a deal worth $5.6 billion. BP’s North Sea business has successfully executed a groundbreaking pilot project testing innovative ways. BP announced that it will deploy continuous measurement of...

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BP deploys continuous methane measurement for new major oil and gas projects

BP deploys continuous methane measurement for new major oil and gas projects

BP announced that it will deploy continuous measurement of methane emissions in its future BP-operated oil and gas. BP Magazine looks back on some six decades of history. BP Chargemaster, the UK’s leading electric vehicle charging company. Company processing projects as part of its program to detect, measure and reduce methane emissions. Profit will grow...

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BP focuses on deepwater, shale in historic shift south from Alaska

BP focuses on deepwater, shale in historic shift south from Alaska

BP has closed one chapter in its U.S. business, exiting Alaska decades. BP’s mergers and acquisitions (M&A) team is increasingly targeting new low carbon opportunities too. It’s developing a nationwide ultra-fast charging network is just the latest development for BP Chargemaster. The old BP discovered billions of barrels of oil on the country’s farthest frontier....

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Eni awarded new E&P license in the prolific Tano basin, offshore Ghana

Eni awarded new E&P license in the prolific Tano basin, offshore Ghana

Eni (70%) and its partner Vitol (30%) have been awarded rights to Block WB03. The scheme, involving a solar powered borehole. The waste on the beaches of Pointe-Noire and along the entire Congolese coast is a recognised problem. Company signed two Memorandum of Understanding (MoU) in Nur-Sultan. It is the part of the diverse world...

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BP, partners confirm investment in deepwater Angola

BP, partners confirm investment in deepwater Angola

BP and partners confirmed they have agreed further investment into deepwater Block 15. BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt. Shareholders voted overwhelmingly at BP’s AGM for a resolution. BP’s annual general meeting (AGM) in Aberdeen. It’s welcome discussion, debate, even peaceful protest on the important matter....

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Eni board of directors approves measures to begin buy-back program

Eni board of directors approves measures to begin buy-back program

The Eni board of directors of the authorization granted by the Eni shareholders’ meeting of May 14. Eni presented its digital transformation plan at OMC 2019 in Ravenna. The agreement includes a pilot project for the creation of a coral nursery site. The project aims at supporting Ghana’s sustainable development by promoting socio-economic growth. With...

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TechnipFMC awarded subsea contract for BP GOM project

TechnipFMC awarded subsea contract for BP GOM project

TechnipFMC has been awarded an integrated engineering, procurement, construction and installation contract by BP. TechnipFMC in joint venture with Fluor, announced it has safely completed its engineering. TechnipFMC signed the renewal of its strategic partnership agreement. TechnipFMC was honored with a prestigious OTC Spotlight on New Technology award. TechnipFMC has added to its international fleet...

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Eni to offset CO2 emissions by saving African forests

Eni to offset CO2 emissions by saving African forests

Eni SpA’s plan to offset emissions from its oil and gas operations. strategic approach involves analysing the water cycle for all opportunities for public works. Eni has chosen the Val d’Agri Oil Centre to become its first “Lighthouse”. The project aims at supporting Ghana’s sustainable development by promoting socio-economic growth. The project is allowing remote...

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Eni enters into Ras Al Khaimah with Block A offshore E&P agreement

Eni enters into Ras Al Khaimah with Block A offshore E&P agreement

Eni has signed an exploration and production sharing agreement. The installation itself was designed by the international design. Eni’s Board of Directors has resolved to submit a proposal to authorise the purchase of treasury shares for 18 months. Eni and FCA have teamed up to develop “A20”. Eni and the Italian Biogas Consortium (CIB) today...