BP

Second Freeport LNG Train starts commercial operations

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 confirms “high-quality”gas finds offshore West Africa

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.

Oil majors’ global selling spree could fetch US$27 billion

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.

BP, Kosmos see major gas discovery in Mauritania

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.

BP awards key contracts for major Caspian Sea oilfield

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. 

BP to monitor methane emissions in oil and gas projects

Oil major BP announced that it will deploy continuous measurement of methane emissions in its future BP-operated oil and gas processing projects as part of its ambitious programme to detect, measure and reduce methane emissions.  

Shell not to send UK-flagged vessels through Strait of Hormuz

Royal Dutch Shell informed that is not taking any British-flagged tankers through the Strait of Hormuz, in the midst of increased tensions with Iran, in the vital chokepoint for oil shipments. Shell now joins BP, which is also avoiding sending vessels through the Strait of Hormuz.

BP to avoid sending its ships through Strait of Hormuz

BP is avoiding sending vessels through the Strait of Hormuz, due to the tensions between Iran and the UK. This decision comes after BP had to abandon a plan to load Iraqi crude and instead took shelter near Saudi Arabia, fearing retaliation.

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