Bp News

The view into the dome simulator (Photo courtesy of Maersk Training)

Maersk, BP Agree to 5 Year Offshore Rig Training Contract

Maersk has signed a five year contract with BP to provide offshore oil rig training at the virtual reality training center the company is currently building in Houston, the companies announced today. Maersk Training will provide BP with advanced training programs for offshore drilling teams at the new center, located in north Houston, which Maersk says will be operational by the end of 2015. BP will train employees and contractors at the facility, which offers what BP calls an "immersive simulation environment" and is based on the design of the company's Denmark offshore simulation complex

Aker OCV: Image courtesy of Aker Solutions

Aker Gets BP Offshore Norway Contract

Aker Solutions says it has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway. The contract has a period of up to two years valued at maximum NOK 1.8 billion, with options to extend the work by as many as four years. The agreement starts on June 1, 2014, following the expiration of an existing framework contract for similar services. The agreement is for work on the fields Ula, Tambar, Hod, Skarv and Valhall. The scope includes studies, maintenance and modification project work as well as preparation work

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BP to Sell CATS Business To Antin Infrastructure

  BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently the operator of CATS.   The agreement comprises a payment on completion of £302 million ($453 million) and a deferred amount of £22 million ($33 million), subject to certain post-closing adjustments.   Trevor Garlick, Regional President BP North Sea said: “The North Sea is an important region for BP. Our strategy here is to focus our resources and

Richard Herbert (Photo: BP)

BP Exploration Boss Leaves in Reorganization

BP's head of exploration Richard Herbert is leaving the British oil major after slightly more than two years in the job, a period in which the company slashed spending on the search for new deposits.   Herbert, a BP veteran and a long-time ally of Chief Executive Bob Dudley, rejoined BP in October 2013 after several years at rival Talisman Energy. His task was to lead exploration activity to help the firm rebuild investor confidence following a deadly U.S Gulf oil spill in 2010.   But as oil prices began to crash from mid-2014 and BP had to shed assets to pay off some $50 billion in U.S.

Trevor Jee

Jee Secures Contract Extension with BP

Jee Ltd, an independent multi-discipline subsea engineering and training firm, has been awarded a three-year contract renewal from BP with potential value in excess of £4.5 million. The two companies have had a support contract in place for 10 years, with Jee providing global operations and project support to BP in locations including Aberdeen, Grangemouth and London in the U.K. and Angola, Azerbaijan, Norway and Trinidad. The contract extension will continue this work, with the annual value ranging from £1 million to £2 million, depending on the level of activity. The ongoing

BP to Relinquish Three Offshore Blocks in Uruguay

British oil major BP has halted its deepwater exploration activities off Uruguay as it prioritizes lower-risk projects at a time of low international prices, an official at Uruguay's state-owned oil company Ancap said on Monday.   BP confirmed its exit from the South American country, three years after it won rights to explore blocks 11 and 12 in Uruguay's Pelotas basin and block 6 in the Punta del Este basin. The acreage covers an area of almost 26,000 square kilometers in waters ranging from 50 to 2,000 meters deep.   "BP has other exploration projects in other parts of the world

World’s first Core Flood Robot for EOR

BP's New Core Flood Robot EOR Techniques

BP announced today that it is now operating the world’s first robotic coreflooding system. The Core Flood Robot is the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities. Coreflooding is one of the most important techniques used to identify and evaluate EOR technologies. It measures the effectiveness of water or gas injected into an oil-bearing rock sample to displace oil. This can be used to assess the potential for water flooding in an oil field. “The EOR technologies being developed by BP are vitally important to help increase global

Response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon April 21, 2010 (File photo: U.S. Coast Guard)

BP Deepwater Horizon Costs Balloon to $65 Billion

BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion.   The post-tax, non-operating $1.7-billion charge BP will take in its fourth quarter results came after claims resolved in recent months were about seven times higher than anticipated, the London-based company said.   The claims were part of the Court Supervised Settlement Program that was set up in the wake of the disaster and included nearly 400,000 cases, BP said. A spokeswoman for the group said hundreds

US Appeals Court, Says BP Bound by Gulf Spill Accord

By Jonathan Stempel, Reuters A divided U.S. appeals court has rejected BP Plc's bid to block businesses from recovering money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to the disaster. By a 2-1 vote, the 5th U.S. Circuit Court of Appeals in New Orleans late Monday upheld a Dec. 24 ruling by U.S. District Judge Carl Barbier in New Orleans, authorizing the payments on so-called business economic loss claims. It also said an injunction preventing payments should be lifted. The decision is a setback for BP's effort to limit payments under a multi-bil

Howard Woodcock, chief executive at Bibby Offshore Photo Bibby PR

Bibby Offshore: BP North Sea Projects completed

 Bibby Offshore has completed a contract worth more than £2million for BP in the North Sea.  The project, completed in December 2017, utilised Bibby Offshore’s diving support vessel Bibby Topaz to carry out inspection, repair and maintenance operations in the Rhum gas field, approximately 380 kilometres north-east of Aberdeen.   The scope included control system low insulation resistance diagnostics and component replacements, manual valve operations and ROV inspection works at BP’s Bruce platform, which is located 44 kilometres south of Rhum.   The project

Photo: BP

US Judge: BP Spill Smaller Than Feared

BP Plc will face Clean Water Act fines for its Gulf of Mexico oil spill of up to $13.7 billion, less than a maximum of $17.6 billion it could have been fined, after a judge ruled on Thursday the size of the spill was 3.19 million barrels.   The ruling by U.S. District Court Judge Carl Barbier put the spill's size well below the 4.09 million barrel estimate of the government and the 3.26 million estimated by BP.   All these totals exclude some 810,000 barrels that were collected during clean-up of the worst offshore disaster in U.S. history.   Under a "gross negligence"

Credit: Georgia Department of Natural Resources

Ruling On BP Fine Over 2010 US Spill Months Away

It may be months before a final verdict is issued on the size of the fine BP Plc will pay under the Clean Water Act for its 2010 Gulf of Mexico oil spill, lawyers said on Tuesday after the last phase of the trial ended.   U.S. District Court Judge Carl Barbier in New Orleans, Louisiana, is scheduled to receive post-trial briefs from government prosecutors and BP through April 24.   Barbier might rule before then although a decision after all briefs are filed is more likely, the lawyers said.   In arguments that wrapped up on Monday, BP tried to whittle away at $13.7 billion in

Kjell Einar Eriksson Photo DNV GL

Aker/DNV GL Ink Frame Agreement

Aker BP has awarded a new frame agreement to DNV GL, covering a wide range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf. The five-year contract, which includes options for extension, will see DNV GL experts integrated into Aker BP’s organization to provide decision-making support and stand-alone assessments. “This contract represents an important step forward in DNV GL’s long relationship with BP Norway and Det norske oljeselskap, as the companies merge to form Aker BP,” said Kjell Eriksson

Major BP Upstream North Sea Project Starts Production

BP and partners start production of oil/gas from the Skarv field in the Norwegian Sea, one of a series of new major upstream projects. “The start-up of Skarv is a key operational milestone for BP, adding new production from one of our core higher-margin areas,” said Bob Dudley, BP group chief executive. The Skarv field is approximately 210 kilometres west of the Norwegian coast in water depths of approximately 350-450 metres. Discovered in 1998, the field has an estimated ultimate recovery of around 100 million barrels of oil and condensate and over 1.5 trillion cubic feet of rich

Odfjell Drilling buys “Deepsea Nordkapp”

Odfjell Drilling announced that Aker BP has today awarded Odfjell Drilling a 2 year firm drilling contract with 1+1 year optional periods. The day rates for the drilling contract will be based on market terms to be determined prior to commencement of drilling operations. In addition to the market linked day rate, a performance bonus as agreed in the alliance agreement with Aker BP, as announced on 21 November 2017, will apply. The contract has a minimum value of USD 245 million, subject to certain adjustments.  The commencement of drilling operations is expected in Q2/Q3 2019.   For the

File Image: A photo taken during an offshore DNV GL Drone-enabled survey (CREDIT: DNV GL)

In US Gulf, Robots, Drones Take on Dangerous Offshore Oil Work

At BP's massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD, dubbed "Maggie" by BP, the dangerous inspection job was reserved for highly paid specialist technicians who did their jobs while rappelling along the platform. The energy industry has turned to robots and drones to cut costs and improve safety in some of the world's tougher working environments. Drones inspect gear high up on floating

Ultra-Deepwater Drilling: Technology Design Alliance

BP signs agreement with Maersk Drilling to develop designs for a new breed of advanced technology offshore drilling rigs. The agreement is part of BP’s Project 20KTM, a multi-year initiative to develop next-generation systems and tools for deepwater exploration and production that are beyond the reach of today’s technology. BP and Maersk Drilling will collaborate on concepts for deepwater drilling rigs that can operate in high-pressure and high-temperature reservoirs up to 20,000 pounds per square inch and 350 degrees Fahrenheit. A jointly staffed engineering team will be located

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