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Technology Flagship News

07 May 2014

Use a new EOR technology brings award for BP

In recognition of the breakthrough new enhanced oil recovery – or EOR – technology, BP has been presented with the Distinguished Achievement Award. The award was presented on 4 May, 2014 at the Offshore Technology Conference (OTC) in Houston, Texas. This is the second time in four years that BP has won the award at this major annual gathering for oil and gas professionals. BP's plans to use the new enhanced oil recovery – or EOR – technology from day one of operations at the Clair Ridge field west of Shetland, UK have won BP this major industry award.Until now, emerging EOR techniques have typically been applied to older fields as the oil production rate falls and recovery of oil and gas becomes harder - and uneconomic.

30 Oct 2013

Digital Generation to Enhance O&G Production, Safety

BP poll shows delegates at SPE Intelligent Energy International 2013 believe the digital generation will enable emerging technologies to optimize production and enhance safety management. Oil and gas industry professionals believe that the digital generation will enable emerging technologies to optimize production and enhance safety management, according to a poll conducted today at the SPE Intelligent Energy International 2013 exhibition in Dubai. 93% of participants backed the benefits of digitalization while 7% disagreed. The poll was conducted by BP on the final day of IE2013, which is expected to have attracted more than 2,000 business leaders and senior engineering professionals from across the world.