We’ve made progress at the Bumerangue prospect in the Santos Basin — our largest deepwater discovery in 25 years. 👏 New analysis confirms a significant column of oil and liquids-rich gas condensate, with high-quality reservoir rock. Planning for appraisal activities is underway, with well activities expected to begin in 2027, subject to regulatory approval. Bumerangue is one of 12 discoveries made this year, alongside others in Trinidad, Egypt, the Gulf of America, Libya, Namibia, Angola and Cabo Frio. It’s all part of our plan to grow upstream production and deliver energy to the world today and tomorrow. Learn more - https://lnkd.in/edg298Qg
BP Broken Promises BP Betraying Pensioners
Progress? bp ? Really? So why has it been in reverse gear with pensioners since 2022? In the UK bp continues to reject cost-of-living pension increases for 60,000 former employees. Find out more about the bp Pensions Campaign here: bppensionergroup.org #BPPensions #ageism
bp ‘s reputation will be boomeranging back on them with their disgraceful behaviour towards their 🇬🇧 pensioner community, whose pensions are 11% below where they should be due to the Leadership Team’s refusal to recognise previous commitments. bp how can you continue to refuse to even discuss this with your pensioners ? Ignorant intransigence. Time to face up to the pensioners and resolve the problem. #bppg #bppensions #ethicsmatter #codeofconduct
Readers of bp posts will often see comments from BP pensioners. Here’s why. 🔴 BP has rejected all the requests of Pension Trustees for affordable cost of living pension increases which wouldn’t cost BP a penny. 🔴 BP has refused to recognise and honour a 30+year pension increase policy. 🔴 BP has rebuffed all calls to meet with pensioner representatives, to discuss the pension crisis. For details of the pension dispute see: https://bppensionergroup.org It’s so sad that pensioners have to call out BP on social media because the company won’t engage with pensioner representatives to consider solutions to this crisis.
So Gordon Birrell, is it progress that society will benefit from, is it progress that will ensure you comply with our code of conduct and act in a moral and care led way? Short answer is NO. Not whilst you and other bp leaders continue to cause harm to your pensioners. Silent bullying and deceit, that eats away at their mental health and creates worries about paying this winters bills. Do the right thing and stop the bp pensions scandal. #bp #bpPensions #Notmybp #PensionsZeroes #CodeofConduct
Congratulations to the team. However, bp has chosen to renege on cost of living rises for UK pensioners. ‘Morally bankrupt’.
An amazing project and team to be part of!
Impressive achievement and a major milestone for the upstream sector. The Bumerangue discovery underscores the continued importance of deepwater exploration and technological excellence in sustaining global energy supply. Congratulations to the team driving innovation and responsible development across these regions.
Retired Engineer
3wCome on Bp , be prepared and do the right thing