Tag Archives: British Petroleum Co. (BP)

BP has paid $200m (£149m) for a 43% stake in Europe’s biggest solar developer. marking its return to the sector from which it withdrew six years ago.

After a six-year absence. BP Plc returned to the solar-energy business with a $200 million investment in a British company that develops and maintains photovoltaic farms in Europe.

Iraq has asked BP to help increase output from Kirkuk oilfield to more than 700.000 barrels per day.

BP completed seven major projects this year. in Egypt. Trinidad and Tobago. Oman. Australia and in the North Sea.

BP’s Clair was one of the North Sea’s original giants.

Ten non-OPEC countries will attend the meeting of OPEC+ in Vienna on November 30 to discuss increasing the number of the deal’s participants.

BP wants to acquire a 30 per cent stake in the SNE field that Edinburgh-based Cairn found in 2014.

Project activities continue at offshore and onshore sites including the Sangachal Terminal and along the pipeline route.

Iraq’s state oil companies will continue work on Majnoon even without a foreign partner in the mix. come June 2018.

At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.