JDR has won a contract to manufacture and supply a 5.5km 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical, for a platform project, offshore Azerbaijan. [Read more…] about JDR banks project win in Azerbaijan
BP makes first move into offshore wind
BP is moving into the offshore wind for the first time with a new strategic partnership with Equinor. [Read more…] about BP makes first move into offshore wind
BP to cut dividends as it prepares for fossil fuel decline
BP said Tuesday it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by boosting investment in alternative energy projects. [Read more…] about BP to cut dividends as it prepares for fossil fuel decline
Contract award for Solstad in Australia
Solstad has been awarded a contract with BP Developments Australia to support BP’s Ironbark Campaign in the Carnarvon Basin offshore Western Australia. [Read more…] about Contract award for Solstad in Australia
BP to cut 10,000 jobs as virus hits demand for oil
BP has announced plans to cut 10,000 jobs amid following a global slump in demand for oil because of the coronavirus crisis. [Read more…] about BP to cut 10,000 jobs as virus hits demand for oil
Teekay signed charter Foinaven FPSO with BP
Teekay Offshore Partners has entered into agreements with the Foinaven Operator directly to provide the operations and shuttle tanker services for the Foinaven FPSO. [Read more…] about Teekay signed charter Foinaven FPSO with BP
North Sea workers evacuated from BP’s ETAP platform
More than 60 North Sea workers have been evacuated after a ‘power generation issue’ at BP’s ETAP installation last night. [Read more…] about North Sea workers evacuated from BP’s ETAP platform