BP

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Latest BP News

Insight: Technology is what matters
Shell said it spends more money than any other international oil major on research because it believes technology is the way to take the industry forward, says Director of Technology Matthias Bichsel.
Tuesday, May 15, 2012

American Energy Development provides drilling update 4 on Cremer 1-1 Well
  • The geophysical logging data was carefully examined for density, porosity and water saturation in order to determine reservoir size, quality and deliverability.
  • Cremer 1-1 was the second in a series of planned wells targeted on the Dansville.
Friday, May 11, 2012

Serica Energy announce Q1 2012 results
  • Farm-out of Luderitz Basin blocks to BP.
  • Agreement reached with all partners and infrastructure owners to allow export via Lomond Field end 2014.
  • Completed farm-out with BP for central Luderitz Basin blocks. Substantial value demonstrated.
  • First quarter revenues of US$4.0 million
Friday, May 11, 2012

BP to start new oil rigs in Gulf of Mexico
The latest reports surrounding oil and gas Giant BP state that the company are to start three new oil rigs in the Gulf of Mexico. Along with BP's existing rigs, these new developments will mean th
Thursday, May 10, 2012

American Energy Development provides drilling update 3 on Cremer 1-1
  • The Cremer 1-1 is currently at a depth of approximately 4380 ft.
Tuesday, May 08, 2012

BP trial postponed until 2013
  • The proposed settlement totals about $7.8 billion.
Friday, May 04, 2012

BP profits plummet
BP profits have fallen following the company's decision to sell some of its oil fields. This was so the company could pay for the Gulf of Mexico disaster fund. BP officials have also stated that t
Thursday, May 03, 2012

Alabama urges for no delay in BP trial
  • BP has asked the court to postpone the trial.
Thursday, May 03, 2012

AMEC awarded topsides design contract on Mad Dog Phase 2 deepwater project
  • The new facility will be of one of the largest floating production systems to be installed in the Gulf of Mexico.
  • The contract value has not been disclosed.
Tuesday, May 01, 2012

BP announces first quarter 2012 results
  • Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.8 billion for the quarter, compared to $5.0 billion in the previous quarter.
  • During the quarter, BP made payments of $1.5 billion to the $20 billion Trust, including $250 million following settlement with Cameron.
  • BP reported oil and gas production, excluding TNK-BP, in the first quarter of 2.45 million barrels of oil equivalent a day (boe/d).
Tuesday, May 01, 2012


BP Who's Who

Iain Conn
Executive Director of the BP Group
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Byron Grote
Chief Financial Officer
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P D Sutherland, KCMG
Chairman
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Sir Ian Prosser
Non-Executive Deputy Chairman
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J H Bryan
Non-Executive Director
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Antony Burgmans
Non-Executive Director
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Sir William Castell, LVO
Non-Executive Director
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Erroll B Davis, Jr
Non-Executive Director
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D J Flint, CBE
Non-Executive Director
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Dr W E Massey
Non-Executive Director
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Cynthia Carroll
Non-Executive Director
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George David
Non-Executive Director
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Lamar McKay
Chairman and President of BP America
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Robert Dudley
Chief Executive Officer
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James Dupree
Senior Vice President, Offshore U.S.
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Paul Anderson
Non-Executive Director
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Ian Davis
Non-executive Director
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Mike Daly
Executive Vice President, Exploration
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Bernard Looney
Executive Vice President, Development
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Bob Fryar
Executive Vice President, Production
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Andy Hopwood
Vice President, Strategy and Integration
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BP Offices

United States
Texas, United States
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Norway
Stavanger, Norway
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Algeria
Middlesex, United Kingdom
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United Kingdom
Middlesex, United Kingdom
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