General – Rejection
On 13 October 2025, UK independent Serica Energy announced that it had signed an agreement to acquire BP’s entire stake in the P111 and P2544 licences.
[Read more…] about Serica rejects acquisition of BP’s North Sea assetsDOF awarded subsea services contract by bp
Fossil Energy – Subsea Services
DOF announced that bp has awarded a 3-year firm commitment contract (with a further 2 x 1-year options) for the provision of subsea services in the North Sea.
[Read more…] about DOF awarded subsea services contract by bpBP-JERA halts U.S. offshore wind plans
General – USA
The joint venture between BP and Japan’s JERA has announced it will suspend development of its only U.S. offshore wind project, Beacon Wind, citing unfavourable market conditions and escalating financial pressures across the offshore energy sector.
[Read more…] about BP-JERA halts U.S. offshore wind plansBP starts up Murlach Field in UK North Sea
Fossil Energy – Production
BP has put its Murlach field in the U.K. North Sea into production, marking its sixth major project start-up in 2025.
[Read more…] about BP starts up Murlach Field in UK North Seabp approves Tiber-Guadalupe project in Gulf of Mexico
Fossil Energy – Production Platform
bp has reached a final investment decision on the Tiber-Guadalupe project in the Gulf of America, approving its second new production platform in less than two years in the critical US offshore region.
[Read more…] about bp approves Tiber-Guadalupe project in Gulf of Mexicobp signs MoU to drill five wells in the Mediterranean
Fossil Energy – Drilling
bp has announced the signing of a Memorandum of Understanding (MoU) to evaluate opportunities for a five-well programme at water depth ranging from 300 to 1,500 meters in the Mediterranean Sea.
[Read more…] about bp signs MoU to drill five wells in the MediterraneanBP announces largest global oil and gas find in 25 years
Fossil Energy – Brazil
BP has made its largest global oil and gas discovery in 25 years on the deepwater Bumerangue prospect in the Santos Basin offshore Brazil.
[Read more…] about BP announces largest global oil and gas find in 25 yearsbp starts up Argos expansion project
Fossil Energy – Gulf of Mexico
bp started up the Argos Southwest Extension project.
[Read more…] about bp starts up Argos expansion projectBP signs deal to redevelop ‘super-giant’ field in Libya
Fossil Energy – Libya
BP has signed a provisional deal with Libya’s state oil company to redevelop the huge Sarir and Messla oilfields in the Sirte basin.
[Read more…] about BP signs deal to redevelop ‘super-giant’ field in LibyaSOCAR, bp, and TPAO join forces in Caspian Gas Project
Fossil Energy – Caspian Sea
On June 3, the Turkish Petroleum Corporation (TPAO) signed an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR) and British energy giant bp to join the Shafag-Asiman gas project in the Caspian Sea.
[Read more…] about SOCAR, bp, and TPAO join forces in Caspian Gas Project