Maersk Drilling and BP working on deepwater rigs
Maersk Drilling and BP are to join forces to work on designs for new deep water drilling rigs.
BP-News
BP’s Russian boss new CEO at Fairfield
North Sea oil firm Fairfield Energy said yesterday it had appointed BP's head of Russian operations as its new chief executive.
BP shares among risers, Hunting fall
London's top flight index closed above 6,300 for the first time in more than four-and-a-half years today as progress by heavyweight stocks helped keep up the New Year rally.
A busy time ahead for BP in North Sea
BP's plans for the UK continental shelf will take the North Sea industry into the second half of this century.
BP win worth nearly £13m a year
North-east shipping and energy service firm Craig Group said yesterday a new contract with oil giant BP was worth nearly £13million annually over three years.
Babcock lands £30million BP contract
Babcock International Group said today that its facility at Rosyth had landed a £30million-plus contract for a major project west of Shetland.
BP begins building global computing complex
BP has started the build of a new facility in Houston that will house what the super-major says will be the world's largest supercomputing complex for commercial research.
BP lifted by Transocean deal
Around £10.8billion was added to the value of UK blue chips today as London's FTSE 100 Index leapt to its highest level for nearly two years.
BP shares among biggest Footsie risers, Centrica fall
A buoyant Christmas trading update from fashion chain Next ensured a solid session for retailers today as the wider market also climbed further past the 6,000 mark.
BP announces start of production from Skarv
Oil giant BP said today it had started production at a huge North Sea field after investing more than £4billion in the development.
Faroe Petroleum shares among risers, BP fall
Fears that time has run out for US politicians to hammer out a deal to avoid a so-called fiscal cliff sent world markets into the red once more today.
Qedi wins BP Valhall decommissioning management deal
Qedi has been awarded a decommissioning management service contract for three platforms in BP Norway's Valhall development.
BP agrees £178m gas deal with SSE
BP is to dispose of a 50% stake in a gas field for £178million in its latest selloff in UK waters, as it focuses on high-value assets with long-term growth potential.
Scots head to co-ordinate BP school links
A Scottish head teacher has swapped the classroom for the office to take on a two-year secondment with BP's North Sea business to help co-ordinate the oil major's extensive links with more than 200 primary and secondary schools throughout the UK.
£18.6m BP contract for Subsea 7
Subsea 7 said yesterday it had been awarded an £18.6million contract by oil giant BP to support the redevelopment of its Schiehallion field, 108 miles west of Shetland.
There’s a big buzz about the province as BP invests
As the UK Atlantic Frontier - aka West of Shetland - comes of age, so exploration and development momentum builds. There is a buzz about the province as the pace quickens and more discoveries graduate to the development category.
BP’s WoS North Uist wildcat grinds on
The super-drillship Stena Carron continues to grind away at the South Uist deepwater (1,300m) exploration well.
BP in US contract ban
Oil giant BP has been suspended from new US Government contracts because of its "lack of business integrity" in the way it handled the Gulf disaster.
BP shares among fallers after US contracts ban
The London market managed to claw back initial losses today to close 3.6 points down at 5,803.3 as the Dow Jones Industrial Average on Wall Street made early session gains.
Cresent wins BP Iraq deal
International health and safety consultant Cresent said yesterday it had signed a multimillion-pound deal to supply training services to BP in Iraq.
Parkmead shares among risers, Amec and BP fall
The Chancellor's choice of Bank of England governor failed to liven markets today as fears over the approaching fiscal cliff in the US continued to trouble investors.
BP shares up 15% on talk of buy-back scheme
The FTSE 100 Index climbed more than 2%, or 132.1 points to 5737.7 today amid optimism that the US can duck automatic tax increases and spending cuts.
BP in £3.7bn plan to boost share price
Oil giant BP is weighing up whether to commit up to £3.7billion on a plan to revive its flagging share price, it was claimed yesterday.
BP agrees to pay record settlement over disaster in US gulf
Oil giant BP is to pay the biggest fine in US history after agreeing a £2.8billion ($4.5billion) settlement with authorities for claims relating to the Deepwater Horizon disaster.
Shell ups stake in BP field
Oil supermajor Shell said yesterday a deal taking its stake in the BP-operated Schiehallion field to 55% would give it access to extra reserves in its North Sea heartland.