Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

The FPU, part of BP’s Kaskida greenfield development project, will be located approximately 250 miles southwest of New Orleans in the Keathley Canyon area. Designed to produce 80,000 barrels of ...

BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas ...

BP will increase U.S. Natural Gas production in its onshore shale operation following the recent rise of domestic gas prices.

BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its aggressive shift away from fossil fuels over the past five years backfired.

This new agreement builds on Seatrium and BP’s partnership on the Kaskida FPU, which reached final investment decision in 2024. The Kaskida field is located about 250 miles southwest of New ...

In 2023, bp brought online its fifth Gulf of America production platform Argos, and is working toward a sixth, with the Kaskida project it approved in July 2024. Argos is the centerpiece of bp’s ...

Under the MOU, bp and Seatrium will together outline the initial works and EPCC scope. This agreement builds upon the existing partnership between the two companies, following the Kaskida FPU ...

The agreement builds on Seatrium and BP’s collaboration on the ongoing Kaskida FPU project. In December 2024, the company announced that it won the contract for engineering, procurement, construction ...

He added that BP was open to selling a large range of assets, potentially even a share of its new Gulf of Mexico project, Kaskida, “if someone wants to come make a knockout bid”. Shareholder ...