Field Development

BP sanctions its second 20k deep-water project in US Gulf

Tiber-Guadalupe, expected to reach first oil in 2030, joins Kaskida as sanctioned development in US offshore basin

BP chief executive Murray Auchincloss, right, speaks to S&P Global vice chair Daniel Yergin during the CERAWeek by S&P Global energy conference in Houston, earlier this year.
BP chief executive Murray Auchincloss, right, speaks to S&P Global vice chair Daniel Yergin during the CERAWeek by S&P Global energy conference in Houston, earlier this year.Photo: CERAWEEK BY S&P GLOBAL
North America Energy CorrespondentBaton Rouge
Published 29 September 2025, 07:02Updated 29 September 2025, 07:02
BPUS GulfTiberKaskidaUnited States