BP plc BP recently took initiative to further strengthen its ties with the U.S. through the approval of the Mad Dog Phase 2 project in the country. BP’s price chart reveals that its performance is ...
LONDON (Reuters) - Oil major BP (BP.L) has approved a $9-billion (7.14 billion pound) investment in its Mad Dog project in the Gulf of Mexico, its first major new platform in the region since a 2010 ...
Energy giant BP Plc BP recently declared that it has awarded a contract to OneSubsea and U.K.-based Subsea 7 for the development of Mad Dog Phase 2 project in the Gulf of Mexico (GoM). Notably, ...
As BP's Mad Dog Phase 2 illustrates, cost overruns and delays for major projects are starting to become the norm among oil majors. The Mad Dog field is located in the southern Green Canyon area of the ...
BP has put the entire project on hold and is asking for offers from outside engineering firms to evaluate all options — including scrapping the spar option entirely for a semi-submersible or ...
BP is now understood to be negotiating a major front-end engineering design contract with Houston-based KBR, with work likely to start in the second quarter of this year and last 12 months. BP’s ...
bp PLC started production at its Argos semi-submersible floating production platform in 4,500 ft of water about 190 miles south of New Orleans in deepwater US Gulf of Mexico. The platform has a gross ...
Energy giant BP Plc BP recently declared that it has awarded a contract to OneSubsea and U.K.-based Subsea 7 for the development of Mad Dog Phase 2 project in the Gulf of Mexico (GoM). Notably, ...
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