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BP PLC on Thursday announced its sixth major project start-up this year, which boosts its strategy to grow its upstream non-renewables business. The London-based oil major said Murlach is its sixth major upstream oil and gas project of 2025, at which production has started in the UK North Sea. The six projects add around 150,000 barrels of oil equivalent per day in combined peak net production which contribute to BP’s target to deliver an additional 250,000 barrels per day combined peak net output by the end of 2027. Murlach adds a peak net output of around 15,000 boe per day to the BP-operated Eastern Trough Area project in the central North Sea, a hub that has been operating for 27 years, the company said. BP plans to deliver 10 major upstream oil and gas projects by 2027-end. ‘These projects reflect BP’s strength in safely increasing production to supply energy to meet global demand, while maintaining a relentless focus on shareholder returns. They also highlight our focus on efficient delivery, with four starting up ahead of schedule,’ said Ewan Drummond, senior vice president of projects. Doris Reiter, senior vice president of BP North Sea, said: ‘A key focus for BP in the North Sea is to identify opportunities that can be developed competitively using existing infrastructure to effectively manage established oil and gas hubs for the entirety of their lifespan. Murlach serves as another great example of this.’ Early this year, BP announced a drastic shift away from investing in renewable energy in favour of more oil and gas, claiming that it went ‘too far, too fast’ on green energy. BP shares were up 0.5% at 434.35 pence on Thursday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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