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bp's business segments are oil and gas exploration and production, and refining and marketing.

In alternative energies, bp has low- and no-carbon wind and biofuels businesses, and a carbon capture technology team. 

Articles & News

Courtesy bp
Tangguh CCUS project
Energy Transition

bp enters R&D agreement for Tangguh carbon capture developments

Aug. 20, 2024
BP Berau Ltd. has signed a six-year cooperation agreement with Bandung Institute of Technology to advance R&D of carbon capture, utilization and storage.
Courtesy bp
bp in Azerbaijan
Drilling & Completion

bp assessing gas resource at ACG Field offshore Azerbaijan

Aug. 2, 2024
BP Exploration (Caspian Sea) has issued updates on development/exploration programs at its two main fields offshore Azerbaijan.
Courtesy bp
Acreage map of Manakin-Cocuina
Field Development

Go-ahead for offshore Trinidad/Venezuela gas development

Aug. 1, 2024
Venezuela’s government has awarded bp and the National Gas Co. of Trinidad and Tobago (NGC) an exploration and production license for the development of the Cocuina gas discovery...
Courtesy EXMAR Offshore
kaskida rendering
US & Gulf of Mexico

bp takes FID on GoM Kaskida project

July 30, 2024
Kaskida will be bp’s sixth hub in the GoM, featuring a new floating production platform with the capacity to produce 80,000 bbl/d of crude oil from six wells in Phase 1.
Courtesy Baku Shipyard LLC
Khankendi subsea construction vessel
Vessels

Saipem, BOS Shelf to manage subsea vessel on bp Caspian fields

July 12, 2024
BP Exploration (Caspian Sea) has signed a three-year framework agreement with a consortium comprising Saipem Contracting Netherlands, BOS Shelf LLC and BOS Shelf International...
Courtesy Flyability
Equipment Engineering

Drone to perform tank inspections at bp's Caspian Sea platforms

June 26, 2024
The drone has already completed inspection of an empty tank on the Shah Deniz Alpha platform.
Courtesy MVM Group
Company News

MVM joining Caspian Sea Shah Deniz gas development

June 14, 2024
MVM Group has agreed to acquire minority interests in the Shah Deniz gas-condensate project in the Azerbaijani sector of the Caspian Sea.
Courtesy bp
Vessels

FPSO mooring ops underway for GTA Phase 1

June 4, 2024
The FPSO for the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development is undergoing mooring 40 km offshore Mauritania and Senegal.
Courtesy BP
US & Gulf of Mexico

OTC 2024: BP executive says Gulf of Mexico will remain key E&P region

May 8, 2024
Paleogene will drive company’s growth agenda in the GoM, says Senior Vice President Andy Krieger.
Courtesy bp
Production

Caspian Sea ACG platform offline for maintenance

April 29, 2024
bp has suspended production from the Deepwater Gunashli platform in the Caspian Sea for 15 days for an annual maintenance turnaround program.

All content from bp

Courtesy André Motta de Souza / Petrobras Agency
Production

Petrobras, bp consider further E&P ventures

April 19, 2024
Petrobras and bp have signed a non-binding memorandum of understanding to cooperate on wide-ranging opportunities, including in exploration and production (E&P).
Courtesy bp
Production

bp starts up seventh ACG Field platform offshore Azerbaijan

April 18, 2024
bp has started full-scale operations at the giant new Azeri Central East (ACE) platform in the Caspian Sea.
Courtesy bp
Drilling & Completion

bp spuds first Cypre gas well offshore Trinidad

March 6, 2024
Drilling is underway on the first well for bp Trinidad and Tobago’s Cypre subsea gas development.
Courtesy bp
Production

bp expands gas production from Shah Deniz offshore Azerbaijan

March 1, 2024
bp has started production from the East North flank of the Shah Deniz gas-condensate field offshore Azerbaijan in the Caspian Sea.
Photo 136776953 © Hyotographics | Dreamstime.com
Company News

bp, ADNOC enter partnership offshore Egypt

Feb. 15, 2024
bp and ADNOC have agreed to form a new joint E&P venture in Egypt to grow the pair’s gas portfolio.
Courtesy bp
Africa

FLNG Gimi arrives in northwest Africa

Feb. 15, 2024
bp says its GTA LNG project has reached a major milestone with the arrival of the Gimi FLNG vessel.
Courtesy bp
People on the move

Kate Thomson takes on bp CFO role permanently

Feb. 2, 2024
Kate Thomson has been appointed bp CFO and will join bp’s board, both with immediate effect.
Courtesy Equinor
Renewable Energy

Equinor, bp go separate ways on Empire Wind, Beacon Wind projects

Jan. 26, 2024
Equinor has entered a swap transaction with bp concerning two wind farm developments offshore the US east coast.
Courtesy bp
Murray Auchincloss
People on the move

bp appoints Murray Auchincloss permanent CEO

Jan. 18, 2024
bp interim CEO Murray Auchincloss has been named permanent CEO, four months after the resignation of Bernard Looney.