Wednesday, October 29, 2025
BP -oag360

BP warns of third-quarter charges as it spurs $10 billion divestment target

Source: Reuters BP will take charges of $2 to $3 billion in the third quarter, the British energy firm said on Friday, as it looks to reach divestments worth $10 billion by the end of 2019, a year ahead of schedule. In a statement, London-based BP said it expects to agree asset sales of $10 billion by end-year after its

Equinor to build first offshore floating wind to power oil and gas operations - oil and gas 360

Equinor to build first offshore floating wind to power oil and gas operations

Source: Houston Chronicle Equinor said Friday it will build the first-ever offshore floating wind development designed to power its oil and gas platforms off the coast of Norway. The roughly $550 million Hywind Tampen project will be built about 85 miles offshore to power the Snorre and Gullfaks platforms in the North Sea. The water depths are deep enough that floating wind