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bp and Worley form new alliance

The signing ceremony. (Image source: Worley)


bp and Worley are building on their longstanding collaboration with the formation of a new strategic alliance across bp's global site projects, including in the Middle East

The alliance is designed to maximise efficiency, continuous improvement and value creation. It will save an initial estimated US$40mn over two years in locations where Worley holds a services contract, ie Gulf of Mexico, Oman, Mauritania and Senegal oil and gas producing regions and the Cherry Point, Whiting, Rotterdam, Gelsenkirchen, and Lingen refineries.

Deepening collaboration

bp and Worley will deepen collaboration across a portfolio of site projects by leveraging digital capability and global scale to further drive efficiency across engineering, procurement, construction development and management.

“We remain focused on improving safety, reducing emissions, high value activity, and reducing cost. This alliance increases our operational effectiveness through centralisation, standardisation and simplification, helping us safely grow the value of bp,” said Niall Maguire, VP Site Projects, bp.

“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. 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, Worley.