BP Readies for Record Oil & Gas Project Launches in 2017, Holds Steady on Capital Spending Outlook, an Industrial Info News Alert

SUGAR LAND, Texas, Aug. 2, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Oil prices may be low, but BP plc (London, England) is the latest giant to prove that it can change with the times, preparing to launch its largest number of oil and gas projects for a single year in 2017. Although the company saw its profits dip in the second quarter, most of the decline was attributed to impairment charges for a single offshore project, and new projects point to new avenues for growth. Industrial Info is tracking more than $36 billion in active projects involving BP, including the major launches.

Within this article: Details on BP's major project launches for 2017, including onshore and offshore projects covering the North Sea, Australia, Egypt, Oman, and Trinidad and Tobago.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.

William Ploch
713-783-5147

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SOURCE Industrial Info Resources, Inc.