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.
Noble Corporation has secured a bp drilling contract in Trinidad and Tobago, with Noble Developer set for a three-well campaign from the first quarter of 2027.
BP and TPAO signed an MoU framing cooperation in oil and gas exploration, field development and infrastructure, with Iraq a priority and Libya also in view alongside regional project assessments.
Brazil plans nearly $900 million in oil and gas exploration investment, with offshore drilling accounting for the majority of spending.
Reuters reports Reliance Industries denied any $30 billion government claim with BP, after a Reuters exclusive cited sources on an offshore gas arbitration seeking over $30 billion.
bp has named Meg O’Neill as its next CEO from 1 April 2026, with Carol Howle as interim CEO and Murray Auchincloss staying on as adviser while Woodside Energy appoints Liz Westcott acting CEO.
bp has started up the Atlantis Drill Center 1 expansion in US Gulf of Mexico waters, its seventh major 2025 project, adding 15,000 boe/d and lifting Atlantis capacity to 200,000 b/d.
Seatrium secures its second deepwater FPU contract from BP for the Tiber Floating Production Unit (FPU) project, marking a continued partnership between the two companies in the Gulf of America.
