The wells are located in the North Alexandria concession area, where BP is working to assess actual producible reserves. The ...

Orcadian acquired Halo Offshore UK, a subsidiary of a North Sea focused developer that went into liquidation two years ago, ...

BP also plans to cut its net debt from $23bn to between $14bn-$18bn by the end of 2027. A bellwether of UK North Sea oil and gas production, BP first located natural gas in the southern North Sea ...

The objective of the well was to prove petroleum in Upper Cretaceous limestone rocks in the Tor formation. The well ...

There are concerns about the impact of jet fuel on marine animals following a crash between an oil tanker and a cargo ship ...

A crash off the Yorkshire coast involving an oil tanker which has released fuel into the sea has caused immediate worry for ...

Louise Kingham, who leads BP in Europe, told the Scottish Affairs Committee there were still “great economic opportunities” in the North Sea. But she said the UK Government must provide ...

Louise Kingham said ‘clarity’ from the UK Government is needed to unlock investment in the North Sea as she reaffirmed BP’s commitment to net zero. BP said it was still committed to net zero ...

These are predominantly offshore projects in familiar locations such as the North Sea, Gulf of America, and west coast of Africa. Additionally, BP is active in onshore Texas and Louisiana (bpx ...