BP plc BP, the British oil and gas major, has awarded a contract to the OneSubsea joint venture to provide a subsea boosting system for the greenfield development in the Tiber project. The Tiber ...

The Deepwater Horizon disaster exposed the dangers of BP’s offshore operations. From ignored warnings to engineering failures ...

LONDON (Reuters) -BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to scale ...

Technological breakthroughs—especially ultra-high-pressure drilling—are unlocking deepwater reserves in the U.S. Gulf of ...

BP plc BP, the British oil and gas giant, continues to scale down the expansion of its renewables business, bringing its focus back to fossil fuels. According to sources familiar with the matter, the ...

BP plc BP, the UK-based energy major, has approved the development of the Ginger natural gas project offshore Trinidad and Tobago. This is one of the 10 major upstream projects that the company aims ...

BP and JERA agreed to combine their global offshore wind portfolios, committing up to $5.8 billion in capital by 2030. BP PLC and JERA Co. Inc. have agreed to form a joint venture (JV) combining their ...

BP and JERA launched JERA Nex bp, a 50-50 offshore wind JV targeting 13GW capacity across Europe, APAC, and the US. The JV, expected to close by Q3 2025, aims to fast-track offshore wind development ...

BP‘s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition ...

BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion for investments by 2030, the ...