India's largest offshore oil field gets boost with BP partnership
Oil and Natural Gas Corporation Limited (ONGC) and BP signed a strategic contract on Monday aimed at revitalizing the Mumbai High field, and it was formalized, marking a pivotal moment in the ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
Activist Elliott Wants to End 15 Years of BP Losing Out to Shell
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
Oilfield Technology8h
BP plans new wells for Shah Deniz
BP is set to expand its operations in the Shah Deniz gas field offshore Azerbaijan with the addition of six new wells, ...
Oil19h
bp signs MoU to support Tiber development with FPU
Under the MoU, Seatrium will carry out engineering, procurement, construction, and commissioning (EPCC) of an FPU for the ...
Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises
Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises - Activist investor Elliott Management is ...
Marine Link20h
BP Picks Seatrium for Tiber Floating Production Unit
Seatrium and BP have signed the Memorandum of Understanding (MOU) in preparation for a second project, the Tiber Floating ...
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
Upstream23h
Deepwater driller reaps rewards of Norway’s thriving E&P sector
Odfjell Drilling’s chi8ef executive tells Upstream that Norway and other harsh-environment settings are looking good ...