Tuesday, May 9, 2023

The Gulf of Mexico Has a $30 Billion Unplugged Oil Well Problem

(Bloomberg) — In the roughly 160 years since Edwin Drake drilled the first US oil well in the hills of northwestern Pennsylvania, more than 4.5 million

May 9, 2023
Total Views: 5118

Monday, May 1, 2023
auger tension leg platform

US Gulf of Mexico Makes Room for Carbon Capture as Oil Output Peaks

By Sabrina Valle HOUSTON, May 1 (Reuters) – After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new

May 1, 2023
Total Views: 1301

Monday, April 17, 2023

BP Kicks Off Argos Platform Production in US Gulf of Mexico

BP has announced the successful start of oil production at its Argos offshore platform in the U.S. Gulf of Mexico, the company’ first new production

April 17, 2023
Total Views: 3511

Tuesday, March 21, 2023

Offshore Workers Reach Deal to Avoid Strike on BP’s UK North Sea Platforms

Offshore workers employed by Sparrows Offshore Services have successfully negotiated a deal, ending planned strike action that was scheduled for later this

March 21, 2023
Total Views: 1123

Friday, March 3, 2023

Offshore Workers Strike at BP’s North Sea Installations

March 3 (Reuters) – About 50 offshore workers on BP North Sea installations have backed strike action in a dispute over pay and overtime rates,

March 3, 2023
Total Views: 2619

Thursday, February 16, 2023

BP Goes on Offshore Wind Hiring Binge

By Ron Bousso LONDON, Feb 16 (Reuters) – BP is set to hire over 100 employees to its offshore wind division as the energy company rapidly expands

February 16, 2023
Total Views: 2150

Tuesday, February 7, 2023

BP Plans Slower Oil Retreat as Russia War Drives Record Profit

By William Mathis (Bloomberg) — BP Plc said it will cut oil and gas output more slowly this decade after the supply disruption caused by Russia’s

February 7, 2023
Total Views: 1098

Thursday, July 14, 2022
An illustration of the Maersk Supply Service Wind Turbine Installation Vessel concpet with a feeder barge

Maersk Supply Service to Order Second Wind Turbine Installation Vessel After Contract Win

Maersk Supply Service will order second Wind Turbine Installation Vessel (WTIV) after securing an additional contract to install wind turbines at a U.S.

July 14, 2022
Total Views: 2113

Thursday, May 12, 2022

Edison Chouest to Supply New Hybrid SOV for New York Offshore Wind Projects

The offshore wind joint venture between Equinor and BP, Empire Offshore Wind, has awarded a long-term charter to Louisiana-based Edison Chouest Offshore (ECO)

May 12, 2022
Total Views: 2101

Monday, May 9, 2022

Heerema Tapped for U.S. East Coast Wind Projects

Dutch crane vessel specialist Heerema Marine Contractors has been selected for the installation of wind turbine foundations and offshore substations for the

May 9, 2022
Total Views: 1582

Monday, February 1, 2021
offshore wind farm

Equinor and BP Secure Offshore Wind Partnership in U.S.

Norway’s Equinor says it has closed its previously disclosed agreement with BP to sell 50 percent stakes in its Empire Wind and Beacon Wind projects,

February 1, 2021
Total Views: 1296

Monday, January 25, 2021
offshore rig

BP Drastically Cuts Oil Exploration

BP ($BP) cuts in oil exploration could hurt struggling offshore exploration companies like Transocean ($RIG). UK oil major BP has drastically scaled back the

January 25, 2021
Total Views: 2646

Friday, January 15, 2021
Offshore Oil Rig At Night

Total Quits American Petroleum Institute Over Climate Policies

By Ron Bousso LONDON, Jan 15 (Reuters) – France’s Total SE on Friday became the first major global energy company to quit the main U.S. oil and gas

January 15, 2021
Total Views: 2577

Tuesday, November 10, 2020

BP and Orsted Team Up on Green Hydrogen Project in Germany

By Laura Hurst (Bloomberg) — Two of Europe’s largest energy companies, BP Plc and Orsted A/S, said they’d join to develop an industrial-scale

November 10, 2020
Total Views: 267

Friday, October 16, 2020
bunkering tanker
Maritime News

BP To Cut Caribbean Oil Due To Low Demand For VLSO Bunkers

By Laura Sanicola Oct 16 (Reuters) – The problem-plagued Limetree Bay refinery in St. Croix, Virgin Islands, may lose its main supplier of crude, oil

October 16, 2020
Total Views: 181

Thursday, September 10, 2020
wind turbine
Maritime News

BP Makes First Move in Offshore Wind

British petroleum giant BP is making its first move into the growing offshore wind market by partnering up Norway’s Equinor to develop offshore wind

September 10, 2020
Total Views: 102

oil tanker photo
Maritime News

BP Books Tanker for Storage at Lowest Rate This Year

By Florence Tan and Roslan Khasawneh SINGAPORE, Sept 10 (Reuters) – Oil major BP has provisionally chartered a supertanker to store crude oil off

September 10, 2020
Total Views: 112

Monday, June 15, 2020

BP Writes Off Billions as Covid Redraws Rules of Oil Demand

By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a

June 15, 2020
Total Views: 10

Monday, June 8, 2020
Maritime News

BP to Cut 15% of Workforce by Year-End

By Shadia Nasralla and Ron Bousso LONDON, June 8 (Reuters) – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of

June 8, 2020
Total Views: 22

Wednesday, April 1, 2020
offshore oil rig
Maritime News

BP Says Workers in Gulf of Mexico and Alaska Test Positive for Coronavirus

By Jessica Resnick-Ault and Yareth Rosen NEW YORK/ANCHORAGE, Alaska, April 1 (Reuters) – Several workers on a BP Plc oil platform in the U.S. Gulf of

April 1, 2020
Total Views: 47