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Share Price Information for BP (BP.)

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Share Price: 471.00
Bid: 470.40
Ask: 470.60
Change: 0.50 (0.11%)
Spread: 0.20 (0.043%)
Open: 468.40
High: 473.15
Low: 467.30
Prev. Close: 470.50
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TAP pipeline group re-launches procurement process

Tue, 15th Apr 2014 10:09

LONDON, April 15 (Reuters) - The Trans Adriatic Gas PipelineGroup (TAP) said on Tuesday that it was re-launching aprocurement process for goods and services that the projectrequires to transport Azeri gas into the European Union towardsthe end of this decade.

"TAP has taken the decision to re-launch its procurementprocess, following a review of its strategy and schedule. TAPwill therefore initiate new pre-qualifications for goods andservices that the natural gas pipeline project requires," itsaid in a statement.

The re-launch will be for Engineering ProcurementConstruction (EPC) services such as onshore and offshorepipeline construction, compressor stations and the pipeline'sreceiving terminal, as well as for supply contracts, includingprocurement of steel pipes, TAP said.

TAP is planned to transport gas from the Shah Deniz II fieldin Azerbaijan to Europe towards the end of this decade

The approximately 870-kilometre-long pipeline will connectwith the Trans Anatolian Pipeline (TANAP) near the Turkish-Greekborder at Kipoi, cross Greece and Albania and the Adriatic Sea,before reaching southern Italy.

TAP's shareholders are BP (20 percent), SOCAR (20percent), Statoil (20 percent), Fluxys (16percent), Total (10 percent), E.ON (9percent) and Axpo (5 percent). (Reporting by Dmitry Zhdannikov and Henning Gloystein; editingby Jason Neely)

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(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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6 Jan 2024 12:29

BP investors want oil firm to approach BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant's next boss, Sky News reported on Saturday, citing unidentified sources.

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6 Jan 2024 11:38

BP investors want oil behemoth to target BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach Charles Woodburn, the BAE Systems chief executive, about becoming the company's next boss, Sky news reported on Saturday. (Reporting by Devika Nair in Bengaluru; Editing by Jan Harvey)

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4 Jan 2024 16:54

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(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

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4 Jan 2024 12:09

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(Alliance News) - Stock prices in London were slightly higher at midday on Thursday, with the FTSE 100 looking set to snap the two-day losing streak it suffered at the start of the year.

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LONDON BROKER RATINGS: Jefferies cuts Tullow; Berenberg likes Volex

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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(Alliance News) - Stock prices in London opened up on Thursday, amid a slew of services PMI data, including for the UK, while reacting to the latest data from China.

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3 Jan 2024 18:37

Equinor, BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

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3 Jan 2024 17:02

Equinor and BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - Equinor and BP terminated on Wednesday their agreement to sell power to New York state from their 1,260-megawatt Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

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3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

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