British oil major BP announced that it will leave three US-based organisations, following a review examining the alignment of their climate-related policies and activities with BP’s positions. This comes as BP unveiled ambition to become a net zero company by 2050, earlier this month.
According to reports, BP stated that 63 non-essential personnel were transferred from the Etap platform, situated about 100 miles east of Aberdeen, following issues with power generation on Tuesday, February 18.
Oil major BP has set a new ambition to become a net zero company by 2050 or sooner, aiming to help the world get to net zero, in line with the global environmental goals. The company announced that its ambition is based on ten aims, five to get BP to net zero and five aims to help the world get to net zero.
Freeport LNG announced the start of commercial operations for the second of its three liquefaction trains, with the commencement of gas deliveries from BP under its 20-year tolling agreement with Freeport. Freeport LNG’s Train 1 began commercial operations last month.
BP officially informed that found “high quality” natural gas in the drilling campaign of its three wells offshore Mauritania and Senegal, boosting its confidence for the gas resources in the region. The three wells that drilled this year GTA-1, Yakaar-2, and Orca-1, targeted a total amount of nine hydrocarbon-bearing zones.
Kosmos Energy, the US-based oil and gas company, completed drilling the Resolution exploration well in the U.S. Gulf of Mexico. The primary exploration objective proved to be water-bearing, yet the well encountered reservoir quality sands.
Oil and gas giants are looking to sell assets that could fetch a total of $27.5 billion, as they are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, according to energy research firm Rystad Energy.
A leading group of oil and gas operators have teamed up on a joint industry project with the aim of making subsea gas separation a reality. Subsea gas separation has the potential to make CO2-rich gas fields commercially viable.
Oil major BP’s Orca-1 exploration well, which is co-owned by SMHPM and Kosmos, located in the BirAllah area in Block C8 offshore Mauritania, made a gas discovery, with the results achieving a 100% success from nine wells targeting the inboard gas trend in Mauritania/Senegal, Kosmos stated.
Oil major BP has awarded key contracts for the Azeri-Central-East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea. This is the largest oilfield in the Azerbaijan sector of the Caspian basin.
