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Subsea 7 Nets BP Extension Offshore UK

March 4, 2016

Subsea 7 has secured an extension to the existing contract by BP for the provision of Subsea Construction, Inspection, Repair and Maintenance (IRM) services in the North Sea. Under the terms of the agreement, Subsea 7 will provide BP with an additional two years of cost-effective IRM delivery, extending the contract to 2019. The contract covers the maintenance of the Schiehallion,… Continue Reading »

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BP Is Still A Major Oil, Gas Recruiter despite Recent Layoffs

March 1, 2016

In early February, UK-headquartered supermajor BP plc announced that it would over the next two years be cutting 7,000 jobs, including 4,000 staff and contractor roles, after it reported its worst set of results for two decades. Rigzone recently caught up with Julia Harvie-Liddel, BP’s group head of resourcing, in order to find out more… Continue Reading »

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Final BP Spill Defendant Cleared Of US Pollution Charge

February 29, 2016

A former BP manager charged with violating U.S. pollution law over the 2010 Gulf of Mexico oil spill was cleared by a New Orleans jury, thwarting federal prosecutors’ last chance to jail someone over the disaster. Robert Kaluza, a well-site manager who wasn’t on duty at the time it exploded, was the last defendant remaining… Continue Reading »

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Subsea 7 Grabs Egypt Contract

February 29, 2016

Subsea 7 has won a contract, worth over $750 million, from BP, and partner DEA (Deutsche Erdoel AG), for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt. This is the second phase of the West Nile Delta project, where the field development will be at depths of up to approximately 800 metres…. Continue Reading »

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Oil, Gas Senior Execs Focus on Workforce, Growth and Technology

February 26, 2016

BP plc’s newly appointed deputy group chief executive Lamar McKay said the current downturn is among the most difficult he’s seen in 35 years, adding that times today are “brutal” as he addressed IHS CERAWeek attendees Tuesday afternoon. McKay, along with Mohammed Al-Qahtani, Saudi Aramco’s senior vice president for upstream, and Steve Williams, president and… Continue Reading »

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BP: US Shale Oil Output To Double By 2035

February 12, 2016

U.S. shale oil production will double over the next 20 years as drillers that became more efficient amid a slump in oil prices unlock new resources, British energy giant BP said on Wednesday. In its industry benchmark 2035 Energy Outlook, BP forecast global demand for energy to increase by 34 percent, driven by growth in… Continue Reading »

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Harkand Wraps Up Trinidad and Tobago Campaign for BPTT

February 12, 2016

Harkand has completed an inspection, repair and maintenance (IRM) campaign for BP Trinidad and Tobago (BPTT) utilising the ‘Harkand Da Vinci’ diving support vessel (DSV) and the company’s new hyperbaric rescue facility (HRF) in the Caribbean. The IRM scope included deadleg inspection of BPTT offshore assets, pipeline intervention, caisson repair works, platform and pipeline clamps… Continue Reading »

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Subsea UK Backs MATE ROV Challenge

February 8, 2016

Subsea UK has committed £20,000 to the Scottish MATE ROV competition, the industry body announced at Subsea Expo. The initiative, organised by the Robert Gordon University, encourages young engineers to design and test underwater machinery with help from industry mentors. Subsea UK joins BP, which has supported the competition since its first year, as headline sponsors,… Continue Reading »

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Shaking Things Up: BP Reorganizes its Senior Executives

February 3, 2016

As part of a reorganization of its executive team, oil and gas supermajor BP plc announced Monday that Lamar McKay will assume the position of Deputy Group Chief Executive. McKay currently serves as BP’s upstream chief executive and has been with the company for 35 years. In McKay’s new role, he will take on some… Continue Reading »

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BP to Cut 600 North Sea Jobs by 2017

January 13, 2016

BP plc has stated that it will axe around 600 jobs from its North Sea operations by the end of 2017, with the majority of cuts taking place this year. In a statement sent to Rigzone Tuesday morning, BP cited the challenges of operating in this maturing region and the toughening market conditions as reasons for the… Continue Reading »

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