BP Exploration Operating Company Limited

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BP Exploration Operating Company Limited is a subsidiary of BP p.l.c. (British Petroleum), one of the world's largest integrated oil and gas companies. BP operates globally across the entire energy spectrum, including exploration, production, refining, distribution, and marketing of oil and natural gas, as well as renewable energy sectors.

As a subsidiary specifically involved in exploration, BP Exploration Operating Company Limited focuses on discovering new oil and gas resources. This entails:

  1. Seismic Surveys: Conducting geological and geophysical surveys to identify potential oil and gas reserves below the Earth's surface.

  2. Drilling: Drilling exploratory wells to confirm the presence of hydrocarbons and ascertain their commercial viability.

  3. Field Development: Developing discovered fields through engineering and construction of infrastructure needed for extraction.

  4. Production: Bringing the oil and gas to the surface and preparing it for transportation and sale.

  5. Regulatory Compliance: Ensuring that operations adhere to local, national, and international regulations, including environmental and safety standards.

  6. Technological Innovation: Applying advanced technology to maximize recovery of hydrocarbons and improve operational efficiency.

BP's exploration activities are part of its broader strategy to meet global energy demands while transitioning to lower-carbon and renewable energy sources. The company is engaged in several high-profile oil and gas projects worldwide and collaborates with other major industry players and governments to pursue its exploration initiatives.

Environmental stewardship and sustainability are increasingly significant aspects of BP's strategy, in line with global efforts to combat climate change and reduce greenhouse gas emissions. As such, BP Exploration Operating Company Limited must navigate the balance between traditional hydrocarbon exploration and participation in the global energy transition.

Ships

SCHIEHALLION

Oil Production and Storage Unit | Flag: Isle of Man | Port: DOUGLAS

Maritime News

Beacon Offshore’s Shenandoah FPS Reaches US Ahead of Deepwater Installation

Beacon Offshore’s Shenandoah FPS Reaches US Ahead of Deepwater Installation

yesterday
The Shenandoah floating production system (FPS) has been transported to the Gulf of America ahead of wet tow and offshore installation at the Shenandoah deepwater field at Walker Ridge project site, developed by Texas-based exploration and production company Beacon Offshore Energy.On December 13, 2024 the Shenandoah FPS sailed away from HD Hyundai Heavy Industries’ shipyard in Ulsan, South Korea, where it was built.COSCO Shipping and Guangzhou Salvage Heavy Transport (CSGS) delivered the Beacon Offshore Energy’s Shenandoah FPS to Ingleside, Texas, on February 10, 2025.
Asia's Oil Imports Drop 3%

Asia's Oil Imports Drop 3%

2 days ago
Asia's crude oil imports are off to a weak start in 2025, as top importer China continues to buy less and new sanctions put the brakes on cargoes from the continent's top supplier Russia.Asia's imports for the first two months of the year are on track to be 26.17 million barrels per day (bpd), down 780,000 bpd from the 26.96 million bpd for the same period last year, according to data compiled by LSEG Oil Research.The drop of about 3% in crude imports by Asia in the first two months of this year from the same period in 2024 brings into question the forecasts from the Organization of Petroleum Exporting Countries (OPEC) and other analysts for solid demand growth this year.
Industry Responds Positively to EU Clean Industrial Deal

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2 days ago
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For the First Time in 50 Years, Live Cattle Exports OKd from Argentina

For the First Time in 50 Years, Live Cattle Exports OKd from Argentina

2 days ago
The Argentine government has authorized the export of live cattle for slaughter, reversing a prohibition that had been in place for over five decades, after the country's beef exports last year reached their highest level in a century.Argentina, famed for its beef cuts and traditional asado barbecue, is a ranching and farming powerhouse and a major exporter of processed soybeans, corn and wheat.Sales from the country's agricultural sector to foreign markets provide the largest source of hard currency for central bank coffers, needed to finance imports and pay down debts.
SCA’s Paxton Testifies to Congress on Bolstering U.S. Shipbuilding Base

SCA’s Paxton Testifies to Congress on Bolstering U.S. Shipbuilding Base

3 days ago
[The following are exerpts and paraphrasing from testimony given by Matthew O. Paxton, President of the Shipbuilders Council of America (SCA), to Congress on the morning of February 26, 2025.]While maritime strength and shipbuilding historically have been a cornerstone of global power, shifting times and geopolitical pressures impact readiness and output. Today, as the world’s geopolitical landscape shifts, so too does the reality of the U.S. shipbuilding and ship repair industry. In testimony before the U.S. House Armed Services Committee, Matthew O.