Towards smarter and greener decommissioning

Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long ageing assets can operate viably beyond their design lives.

BP evacuates GoM platform ahead of Irma

Oil major BP has evacuated its Thunder Horse offshore platform and the West Vela drillship located in the U.S. Gulf ...

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BP launches Shah Deniz Stage 2 SCV

The Shah Deniz consortium has launched the Khankendi – a new flagship vessel for the Caspian Sea. The subsea ...

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SCV Khankendi ends sea trials

Azerbaijan’s Baku Shipyard has completed sea trials for the subsea construction vessel (SCV) Khankendi, which ...

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GOM operators evacuate workers ahead of storm

U.S. Gulf of Mexico oil operators Anadarko and Shell have evacuated workers and shut production from some of its ...

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Kosmos confirms Tortue field as 'world-class resource'

Kosmos Energy has completed the drill stem test (DST) of the Tortue-1 well, demonstrating that the Tortue field ...

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Greenpeace stages protest against BP's drilling plan

Greenpeace UK activists are staging a protest in front of the UK headquarters of the oil giant BP, protesting ...

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KBR hired for pre-FEED work on BP's Tortue project

U.S. engineering company KBR has been awarded pre-front end engineering design (FEED) and project support services ...

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Woodside brings Persephone online

Australian energy company Woodside has brought online its Persephone project offshore Western Australia.  The ...

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BP kicks off production from Juniper project

Oil giant BP has started gas production from its Juniper project in Trinidad, which is the company’s fifth ...

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Sirius agrees Ororo financing with BP

Investment company Sirius Petroleum has entered into a $10 million revolving pre-payment facility and commercial ...

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Kosmos gears up to drill three more wells off West Africa

Following a “major” gas discovery offshore Senegal earlier this year, the U.S. oil company Kosmos ...

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BP profitable in 2Q. Output rises

BP returned to profit in the second quarter of 2017, earning $144 million in the period, compared to a loss of ...

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Nexans in 5-year umbilical deal with BP

French subsea cabling specialist Nexans has signed a five-year  global framework agreement with BP covering the ...

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BP installs first Shah Deniz 2 platform topsides

Oil major BP has installed the Shah Deniz Phase 2 Quarters and Utilities (QU) topsides in the Caspian Sea. BP said ...

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Angelin deal goes to Add Energy

Energy consultancy provider Add Energy has been awarded a maintenance build contract with BP Trinidad and Tobago ...

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BP to take $750 million hit

UK oil major BP will take a $750 million hit in its second quarter 2017 results over unsuccessful exploration ...

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In disaster's wake, BP doubles down on deepwater

By Jessica Resnick-Ault (Reuters) – About 300 BP workers commute 150 miles here by helicopter, from the ...

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PHOTO: BP installs new LQ on Mahogany Bravo

Oil major BP has lifted into place new living quarters on the Mahogany Bravo hub off the south east coast of ...

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Oil firms evacuate workers as Cindy hits Gulf of Mexico

U.S. Offshore operators are closely watching the Tropical storm Cindy that has formed in the Gulf of Mexico, ...

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BP, Reliance to invest $6B in offshore gas field development

India’s Reliance Industries Limited and UK’s BP are set to start awarding contracts to speed up the development of ...

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BP on energy markets: Long-term shifts underway

BP has released its 66th annual review of world energy markets. Energy demand was low, renewables grew, coal lost a ...

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