Bp, Ørsted join forces for green hydrogen project

Global major in offshore wind, Ørsted along with the energy player, Bp inked a Letter of Intent (LOI) so as to develop a large-scale renewable hydrogen project at a refinery in north-west Germany.

Equinor, BP partner on US offshore wind

Norwegian energy company Equinor has entered into an agreement with oil major BP, creating a strategic partnership in offshore wind in the US covering both current and potential future projects.

BP to lay off 15% of workforce

The oil major BP announced that it will lay off 15% of its workforce, in response to the COVID-19 crisis and in line with Chief Executive Bernard Looney’s plan to shift the oil and gas major to renewable energy.

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.

Resolution exploration well in Gulf of Mexico to be abandoned

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 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.

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