The contract award will be finalised later this year. Seatrium signed a memorandum of understanding (MoU) with BP Exploration & Production Inc. (BP) to build the Tiber Floating Production Unit (FPU) ...

Activist investor Elliott Management has disclosed a near 5% stake of about 3.8 billion pounds ($4.75 billion) in BP, making it the oil company's third-largest shareholder, the Financial Times ...