BP is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico worth $5 billion.

The new program follows bp’s exploration campaign in the first half of 2025, which led to two discoveries: Fayoum-5 and ...

The John Fredriksen-backed owner said a five-well deal has been agreed in Egypt for its 70,000-gt Valaris DS-12 (built 2014).

This acquisition includes a 32% non-operated working interest in the P111 licence, which contains the Culzean field, and ...

The agreement covers the drilling of five natural gas wells in BP’s Mediterranean concessions, at depths ranging between 300 ...

Venture Global is stated to have breached its obligations by not declaring commercial operations at the Calcasieu Project in ...

BP has given Transocean another year’s worth of work in the US Gulf to the tune of US$232 million, the offshore driller said ...

BP entered the offshore wind market on Thursday with a $1.1 billion deal to buy 50% stakes in two U.S. developments from Norway's Equinor , a significant step by the oil firm towards its energy ...

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 ...

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 ...

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 ...