BP will acquire Woodside Energy’s 70% stake in the Calypso gas project offshore Trinidad and Tobago, giving BP full ownership of the 3.5-trillion-cubic-foot discovery.
Valaris 249 completed a two-well workover and completion campaign for BP offshore Trinidad nearly 17 days early. The rig is due for maintenance before starting work for Shell in October 2026.
bp plans to cut 700 upstream positions worldwide, equal to about 8% of the non-frontline workforce in its former production and operations business.
The first 1,000 t offshore jacket for bp’s Tangguh UCC Project has reached Fakfak after a 5,800 km voyage from Karimun Yard, clearing the way for offshore installation work.
BP is considering withdrawing from the 450 MW Yamagata Yuza offshore wind project in Japan, with remaining partners likely to take over its 25% stake.
Equinor will acquire bp’s non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, raising its ownership to 100% as the project moves toward a planned FID in early 2027.
ONGC and BP have signed a Technical Services Contract covering 43 blocks in India’s Western Offshore Basin, expanding their collaboration beyond Mumbai High. #ONGC #BP #WesternOffshoreBasin #India #OffshoreEnergy
BP has awarded DeepOcean a subsea decommissioning and recycling scope at the Foinaven field, covering risers, umbilicals and related equipment.
bp will reorganize its business into Upstream and Downstream divisions from 1 July, aiming to simplify operations, improve execution and strengthen shareholder returns.
