
BP Removes Chairman Over Governance Concerns
BP has dismissed chairman Albert Manifold over governance, oversight and conduct concerns, with Ian Tyler named interim chair.

BP has dismissed chairman Albert Manifold over governance, oversight and conduct concerns, with Ian Tyler named interim chair.

BP and ExxonMobil have approved a subsea pump project at Thunder Horse, targeting approximately 15,000 barrels of oil equivalent per day in additional peak gross annual average production.

BP has signed three offshore PSCs in Indonesia, adding Bintuni, Drawa and Barong interests as partners target future natural gas and LNG opportunities.

BP has signed an MOU with Venezuela covering Cocuina-Manakin development and possible Loran cooperation, with gas potentially moving to Trinidad for LNG export.

OMV has appointed Emma Delaney as CEO from 1 September, making her the first woman to lead the Austrian energy company and marking a key leadership change.

BP will acquire a 60% interest in three offshore exploration blocks in Namibia’s Walvis Basin from Eco Atlantic Oil & Gas, becoming operator of PEL97, PEL99 and PEL100 subject to approvals.

Eni has announced a 2 Tcf gas and condensate discovery at Denise W-1 in Egypt’s offshore Temsah Concession. The find is close to existing infrastructure, supporting a fast-track development path in the Eastern Mediterranean.

BP has appointed Carol Howle as deputy chief executive officer from 2 April, adding portfolio review and long-term strategy development to her existing supply, trading and shipping leadership role.

bp has secured US Department of the Interior approval for its $5 billion Kaskida project in the deepwater US Gulf of Mexico, with first oil targeted in 2029 and a standardized platform design planned for future regional developments.
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