June 10, 2024 • 1 min read
Global strategic alliance with BP across site projects
Our new strategic alliance with BP focuses on enhancing efficiency, continuous improvement and value creation across BP’s global Site Projects organization.
The alliance will improve capital efficiency in site projects saving an initial estimated US$40 million over two years in locations where we hold a services contract. This includes Gulf of Mexico, Oman, Mauritania and Senegal oil and gas producing regions and the Cherry Point, Whiting, Rotterdam, Gelsenkirchen, and Lingen refineries.
Together, we’ll find better ways to collaborate across a portfolio of site projects, combining digital capability and global expertise to further drive efficiency benefits across engineering, procurement, construction development and management.
“Our shared history and values position us well to identify and implement solutions as we continue to create value and deliver sustainable change throughout BP’s portfolio of projects,” said Mark Brantley, Group President EMEA and APAC.
An alliance first for BP
It’s the first time the operations business in BP has formed an alliance.
Our alliance with them builds upon a decade-long collaboration. One built on shared objectives, trust and commitment to excellence. It also brings together and ringfences world class technical expertise in a tight resource market.
“This alliance builds on our successful partnership in the Site Projects Efficiency Plan (SPEP) over the past two years where we’ve worked together to drive down costs across BP’s global operations,” said Brantley.
“We remain focused on improving safety, reducing emissions, high value activity, and reducing cost. This alliance increases our operational effectiveness through centralization, standardization and simplification, helping us safely grow the value of BP,” said Niall Maguire, VP Site Projects, BP.
