BP | Jotup

Kosmos Energy Announces Fourth Quarter and Full Year 2023 Results

Retrieved on:

Monday, February 26, 2024

Oil, Gas, Energy, BP, Barrel, Growth, Carbon, Odd job, Torture, Water, Webcast, Hook-up, FLNG, Gulf of Mexico, ILX, FPSO, Partnership, Natural gas

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the fourth quarter of 2023.

Key Points:

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the fourth quarter of 2023.
Total net production(2) in the fourth quarter of 2023 averaged approximately 66,000 boepd representing a ~12% increase compared to the fourth quarter of 2022.
The 2023 Ceiba Field and Okume Complex development rig campaign commenced in the fourth quarter of 2023.
Kosmos will host a conference call and webcast to discuss fourth quarter 2023 financial and operating results today, February 26, 2024, at 10:00 a.m. Central time (11:00 a.m. Eastern time).

Esperanza and Andros Capital Partners Announce Acquisition of Ursa Princess from ExxonMobil and Formation of Deepwater Gulf of Mexico Joint Venture

Retrieved on:

Wednesday, February 21, 2024

Oil, Gas, Energy, Acquisition, Shell plc, Multimedia, Vinson & Elkins, ECP, ExxonMobil, Ursa tension leg platform, ConocoPhillips, Shell, GOM, Ursa, BP, Partnership, Security (finance)

The Ursa acquisition includes current production of ~8,500 Boe/d (82% oil) net to ExxonMobil’s interest as well as associated infrastructure, including the Ursa Tension Leg Platform (“Ursa TLP”) host facility.

Key Points:

The Ursa acquisition includes current production of ~8,500 Boe/d (82% oil) net to ExxonMobil’s interest as well as associated infrastructure, including the Ursa Tension Leg Platform (“Ursa TLP”) host facility.
Ursa is operated by Shell Offshore Inc. (“Shell”), a subsidiary of Shell plc, a leading operator in the Deepwater GOM.
Upon Closing, ECP (15.96%) joins other non-operated working interest partners BP Exploration & Production Inc (22.69%) and ConocoPhillips (15.96%).
The privately negotiated acquisition represents ECP’s third investment in the GOM through its partnership with Cockrell Interests (“Cockrell”) since 2021.

Two Countries Racing to Solve Europe's $800 Billion Energy Crisis

Retrieved on:

Wednesday, March 6, 2024

Well, BP, Acquisition, P50, 2D, Shell plc, BCF, AI, TotalEnergies, Investment, Natural gas, 3D, GCA, MCF, Geology, Hydrogen, EQNR, CCUS, Carbon, Approx, EUR, Shell, Machine learning, Biofuel, Economics, Methane, Wind, Renewable energy

LONDON, March 6, 2024 /PRNewswire/ -- At this moment, a fast-moving development is unfolding in Europe's energy industry that is gaining more attention by the day. Europe's energy crisis, triggered by Russia's early 2022 invasion of Ukraine, put an end to decades of reliance on cheap natural gas supplies from Russia. In the short term, this meant significantly higher energy prices throughout Europe, with energy costs rising by 40.8% annually within the EU as of September 2022. Companies mentioned in this release include: TotalEnergies (NYSE:TTE), Eni (NYSE:E), Equinor (NYSE:EQNR), BP plc (NYSE:BP), Shell plc (NYSE:SHEL).

Key Points:

Europe's energy crisis, triggered by Russia's early 2022 invasion of Ukraine, put an end to decades of reliance on cheap natural gas supplies from Russia.
In the short term, this meant significantly higher energy prices throughout Europe, with energy costs rising by 40.8% annually within the EU as of September 2022 .
And one company is emerging as a potential leader in the race for home-grown solutions to energy crisis: MCF Energy (MCF.V; MCFNF.QX).
BP plc (NYSE:BP) stands as a beacon of innovation and adaptability in the global energy sector, notably within Europe's energy landscape.

Two Countries Racing to Solve Europe's $800 Billion Energy Crisis

Retrieved on:

Wednesday, March 6, 2024

LONDON, March 6, 2024 /PRNewswire/ -- At this moment, a fast-moving development is unfolding in Europe's energy industry that is gaining more attention by the day. Europe's energy crisis, triggered by Russia's early 2022 invasion of Ukraine, put an end to decades of reliance on cheap natural gas supplies from Russia. In the short term, this meant significantly higher energy prices throughout Europe, with energy costs rising by 40.8% annually within the EU as of September 2022. Companies mentioned in this release include: TotalEnergies (NYSE:TTE), Eni (NYSE:E), Equinor (NYSE:EQNR), BP plc (NYSE:BP), Shell plc (NYSE:SHEL).

Key Points:

Europe's energy crisis, triggered by Russia's early 2022 invasion of Ukraine, put an end to decades of reliance on cheap natural gas supplies from Russia.
In the short term, this meant significantly higher energy prices throughout Europe, with energy costs rising by 40.8% annually within the EU as of September 2022 .
And one company is emerging as a potential leader in the race for home-grown solutions to energy crisis: MCF Energy (MCF.V; MCFNF.QX).
BP plc (NYSE:BP) stands as a beacon of innovation and adaptability in the global energy sector, notably within Europe's energy landscape.

How Artificial Intelligence Could Trigger a Natural Gas Boom in Europe

Retrieved on:

Tuesday, March 5, 2024

LONDON, March 5, 2024 /PRNewswire/ -- When the use of seismic surveys became commonplace, Oil and gas drillers used to drill only in spots the human eye could detect from seismic and other data, but that's all changing now. The next round of onshore discoveries is being aided by new Artificial Intelligence and Machine Learning software that sees what we can't, forever disrupting the exploration game. Companies mentioned in this release include: Alphabet Inc. (NASDAQ:GOOGL), Amazon.com, Inc. (NASDAQ:AMZN), C3.ai, Inc. (NYSE:AI), Microsoft Corporation (NASDAQ:MSFT), International Business Machines Corporation (NYSE:IBM).

Key Points:

The next round of onshore discoveries is being aided by new Artificial Intelligence and Machine Learning software that sees what we can't, forever disrupting the exploration game.
MCF saw the value of this technology early on and has used it extensively wherever possible in their search for gas in Europe, according to its CEO, James Hill.
Mordor Intelligence projected oil and gas spending on AI to close out 2023 at $2.38 billion, and to reach $4.21 billion by the end of 2028.
And strategic partnerships with companies like Chevron and Schlumberger are fueling the digital transformation of the oil and gas sector.

How Artificial Intelligence Could Trigger a Natural Gas Boom in Europe

Retrieved on:

Tuesday, March 5, 2024

LONDON, March 5, 2024 /PRNewswire/ -- When the use of seismic surveys became commonplace, Oil and gas drillers used to drill only in spots the human eye could detect from seismic and other data, but that's all changing now. The next round of onshore discoveries is being aided by new Artificial Intelligence and Machine Learning software that sees what we can't, forever disrupting the exploration game. Companies mentioned in this release include: Alphabet Inc. (NASDAQ:GOOGL), Amazon.com, Inc. (NASDAQ:AMZN), C3.ai, Inc. (NYSE:AI), Microsoft Corporation (NASDAQ:MSFT), International Business Machines Corporation (NYSE:IBM).

Key Points:

The next round of onshore discoveries is being aided by new Artificial Intelligence and Machine Learning software that sees what we can't, forever disrupting the exploration game.
MCF saw the value of this technology early on and has used it extensively wherever possible in their search for gas in Europe, according to its CEO, James Hill.
Mordor Intelligence projected oil and gas spending on AI to close out 2023 at $2.38 billion, and to reach $4.21 billion by the end of 2028.
And strategic partnerships with companies like Chevron and Schlumberger are fueling the digital transformation of the oil and gas sector.

70 companies unite to launch Tent UK, a new coalition of businesses committed to connecting refugees to work

Retrieved on:

Tuesday, March 5, 2024

LONDON, March 5, 2024 /PRNewswire/ -- The Tent Partnership for Refugees (Tent) – a global network of companies committed to the labour market integration of refugees – is announcing the launch of Tent UK , a coalition of 70 major companies committed to hiring refugees and helping them become job ready.

Key Points:

LONDON, March 5, 2024 /PRNewswire/ -- The Tent Partnership for Refugees (Tent) – a global network of companies committed to the labour market integration of refugees – is announcing the launch of Tent UK , a coalition of 70 major companies committed to hiring refugees and helping them become job ready.
Tent is uniquely placed and ready to help companies develop ambitious programmes to include refugees."
"Tent is immensely proud to have brought together 70 leading businesses resolved to connect refugees to meaningful employment," said Jen Stobart, UK Director at Tent.
Tent UK is Tent's sixth national coalition to launch, adding to existing coalitions in Canada, France, Mexico, Spain and the United States.

Hanvon Technology Launches Groundbreaking Fourth-Generation BP Meter Based on Korotkoff Sound Method

Retrieved on:

Thursday, February 29, 2024

BP, ISO, Blood pressure, Sphygmomanometer, Blood, Multimedia, Cardiovascular disease, Data collection, Approximation error, World Health Organization, Hypertension, Patient, NIBP, Diagnosis, Electronic, Mercury

BEIJING, Feb. 28, 2024 /PRNewswire/ -- Hanvon Technology Co., Ltd., based in China, has launched the world's first smart electronic BP Meter utilizing the Korotkoff sound method. This device integrates advanced sensor technology with artificial intelligence algorithms, overcomes the accuracy limitations of traditional electronic BP Meter, and achieves the precision of mercury sphygmomanometers; it starts a new era of Electronic BP Meters.

Key Points:

BEIJING, Feb. 28, 2024 /PRNewswire/ -- Hanvon Technology Co., Ltd., based in China, has launched the world's first smart electronic BP Meter utilizing the Korotkoff sound method.
This device integrates advanced sensor technology with artificial intelligence algorithms, overcomes the accuracy limitations of traditional electronic BP Meter, and achieves the precision of mercury sphygmomanometers; it starts a new era of Electronic BP Meters.
The Korotkoff sound method, developed by Russian physician Nikolai Korotkoff in 1905.
Hanvon BP Meter with Korotkoff sound method is now available in China mainland, and is expected to enter the international market in the near future.

bp Unveils Transformative Consumer Experience Innovations at BP Amoco Marketers Association Convention

Retrieved on:

Monday, February 26, 2024

Backyard, POS, Pokémon, Social responsibility, BP, Partnership

CHICAGO, Feb. 26, 2024 /PRNewswire/ -- bp has unveiled another series of new initiatives for reshaping the future of fuel and convenience stations in the United States at the biennial BP Amoco Marketers Association (BPAMA) Convention and Business Expo in Scottsdale, Arizona.

Key Points:

bp has unveiled another series of new initiatives for reshaping the future of fuel and convenience stations in the U.S.
The event celebrated the 50th anniversary of the BPAMA and its longstanding relationship with bp.
On the main stage, bp leaders highlighted the ongoing expansion and technological developments led by bp and its marketers, showcasing trends, strategies, and innovations that contribute to the success of businesses in today's dynamic environment.
"Our US branded marketers unwavering commitment is fundamental to our joint efforts in enhancing the consumer experience," said Emma Delaney, executive vice president, customers & products for bp.

TravelCenters of America Celebrates 300th Travel Center Milestone

Retrieved on:

Monday, February 26, 2024

EV, Growth, TravelCenters of America, BP, KFC, Freestore Foodbank

The 300th site opening is a milestone in TA's strategic network growth plan which complements bp's existing convenience and mobility business to offer all guests a seamless nationwide experience, both along the interstate and off.

Key Points:

The 300th site opening is a milestone in TA's strategic network growth plan which complements bp's existing convenience and mobility business to offer all guests a seamless nationwide experience, both along the interstate and off.
"Celebrating this achievement is very exciting for both our team members and guests, and we are committed to continued growth and innovation to provide an outstanding experience for all travelers who visit us," said Debi Boffa, CEO of TravelCenters of America.
"We look forward to welcoming guests into our newly rebuilt Walton, KY travel center, which provides a welcoming, pleasant atmosphere with excellent amenities."
Upgrading TA Truck Service mobile maintenance and emergency roadside assistance vehicles to better serve its fleet customers and professional drivers.