BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its Upstream business.
BP and Eni have signed a heads of agreement (HoA) with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant new exploration opportunity in Oman.
BP has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region.
Submitted by Editorial staff on 18th December 2018
18th December 2018
Aberdeen-based Return To Scene Limited, part of James Fisher and Sons plc, is to develop a game-changing enabler to offshore automation, poised to deliver unprecedented efficiency gains and savings across oil and gas.
BP has announced that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed with Baker Hughes, a GE company, across all four of its operated production platforms in the deepwater Gulf of Mexico.
BP has completed the $10.5 billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade BP’s U.S. onshore oil and gas portfolio and help drive long-term growth.
At the Barclays Power and Energy Conference, held in September in
New York, Bernard Looney, chief executive, upstream, BP, spoke about
the company’s five-year strategy, the investment in the Lower 48 and
its digital transformation
The Oil & Gas Technology Centre TechX Pioneer programme is a unique technology accelerator and incubator that helps smaller, ambitious technology developers take their solutions to the oil and gas market – faster.
BMT has won a contract to provide multiple marine monitoring systems for BP’s new Mad Dog Phase 2 semi-submersible floating production facility in the Gulf of Mexico. These systems will play an important role in ensuring the day to day operations of the facility are conducted safely.
