BP

BP sells six MR tankers for US$200M

BP is reportedly divesting six medium-range (MR) tankers in a deal valued at around US$200 million.

The vessels include British Cadet, British Captain, British Chief, British Officer, British Engineer (all built in 2017), and British Sailor (built in 2016).

According to brokers, the ships attracted multiple offers over the past two weeks. Although the ownership transfer has been completed, the identity of the buyer has yet to be disclosed.

The 57,000-deadweight-ton vessels were built by Hyundai...

https://container-news.com/bp-sells-six-mr-tankers-for-us200m/

Έρχεται το μεγάλο deal του πετρελαίου; Η Shell εξετάζει την εξαγορά της BP

Η Shell Plc συνεργάζεται με συμβούλους για να αξιολογήσει την πιθανότητα εξαγοράς της BP Plc, όπως μεταδίδει το Bloomberg.
Η εταιρεία αναμένει πάντως περαιτέρω πτώση της μετοχής της BP και…

Έρχεται το μεγάλο deal του πετρελαίου; Η Shell εξετάζει την εξαγορά της BP – Η ΝΑΥΤΕΜΠΟΡΙΚΗ

https://www.naftemporiki.gr/finance/world/1951972/erchetai-to-megalo-deal-toy-petrelaioy-i-shell-exetazei-tin-exagora-tis-bp/

Market report: Footsie’s winning streak falters, AstraZeneca commits to US and BP’s ongoing challenges

Susannah Streeter
  • FTSE 100 struggles to cling onto gains in early trade.
  • Trade uncertainty pushes down expectations for energy demand around the world.
  • Mark Carney’s Liberal Party wins the General election in Canada, boosted by deep frustration with Trump’s policies
  • AstraZeneca commits to US investment despite the threat of tariffs.
  • Pressure is likely to mount on BP’s management to turn the ship around, after the energy company missed forecasts.

Susannah Streeter, head of money and markets,...

https://allaboutshipping.co.uk/2025/04/29/market-report-footsies-winning-streak-falters-astrazeneca-commits-to-us-and-bps-ongoing-challenges/

Copper surges as fresh tariffs are in sight while crypto’s ‘Trump bump’ reverses

Susannah Streeter
  • Tariff threats continue to hang over financial markets, with duties looming on imports from Mexico and Canada.
  • Copper prices surge, helping lift the FTSE 100, as the metal is caught in Trump’s sights.
  • Brent Crude falls to two-month lows amid concerns about the US economy.
  • Trump’s crypto bump reverses amid a collision of concern about the industry, with Bitcoin trading below $89,000.
  • S&P 500 set to take a breather as investors wait for Nvidia’s results.
  • BP is set to unveil a...

https://allaboutshipping.co.uk/2025/02/26/copper-surges-as-fresh-tariffs-are-in-sight-while-cryptos-trump-bump-reverses/

C-Innovation wins new multi-year BP IMR contract

Edison Chouest Offshore (ECO) affiliate C-Innovation has signed a new three-year contract with BP for field development, and inspection, maintenance, and repair (IMR) work.

The contract, which has options for two one-year extensions, is for the provision of two subsea construction vessels, C-Constructor and M/V Holiday, and access to a vast fleet of specialized subsea and supply vessels. It also includes project management, engineering, equipment, logistics, and port services. The C-Constructor...

https://www.marinelog.com/offshore/oil-gas/c-innovation-wins-new-multi-year-bp-imr-contract/

New JV between Tug Construction and BP orders two tugs at Diversified

Vancouver, Wash., based vessel leasing company Tug Construction LLC reports that it is teaming up with BP in a new joint venture to provide Jones Act operators with state-of-the-art, emission-compliant tugboats for bareboat charter.

Foss charters in Tier 4 tug Earl W Redd for offshore wind work

The newly formed JV, Ursa Major Marine Holdings LLC, has acquired a tugboat from Tug Construction and has placed an order for two additional tugs from Portland, Ore. shipbuilder Diversified Marine Inc.

Th...

https://www.marinelog.com/inland-coastal/coastal/new-jv-between-tug-construction-and-bp-orders-two-tugs-at-diversified/

COLUMN | The demise of Diamond Offshore: Lessons for the future [Offshore Accounts]

Last week saw Noble Corporation cement its place as the great consolidator in the offshore drilling industry recovery. Seven days ago, Noble announced that it was buying Diamond Offshore Drilling in a stock plus cash transaction valuing the company at around US$1.6 billion, a deal unanimously...

https://www.bairdmaritime.com/offshore/column-the-demise-of-diamond-offshore-lessons-for-the-future-offshore-accounts/

COLUMN | Safety culture matters: Pemex and Perenco on the wrong side of history [Offshore Accounts]

Offshore is one of the industries with the biggest risk profiles in the world. When bad things happen in offshore, people die, often there are explosions and sinkings, fires and oil spills, and the environment can be badly polluted, killing seabirds, fish, dolphins and coral, and inflicting...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-safety-culture-matters-pemex-and-perenco-on-the-wrong-side-of-history-offshore-accounts/

COLUMN | Reaping what you sow: McDermott, Seatrium, Gunvor and Trafigura [Offshore Accounts]

It seems appropriate to get all biblical this week, just after Easter. When Saint Paul wrote in his letter to the Galatians that “a man reaps what he sows,” he probably wasn’t thinking about corruption in the oil and gas industry two millennia later. But the last month has seen no less than four...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-reaping-what-you-sow-mcdermott-seatrium-gunvor-and-trafigura-offshore-accounts/

+ More