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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bp Plc | LSE:BP. | London | Ordinary Share | GB0007980591 | $0.25 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.60 | 0.72% | 504.10 | 504.80 | 504.90 | 508.20 | 502.10 | 502.10 | 69,946,806 | 16:35:24 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Petroleum Refining | 211.6B | 15.24B | 0.8934 | 5.65 | 86.09B |
From May 2019 to May 2024
By Oliver Griffin
BP PLC (BP.LN) said on Wednesday that it has agreed to explore possible areas of cooperation in the development and deployment of advanced technologies with Norway's Aker BP ASA (AKERBP.OS), in which it already owns a 30% stake.
The oil-and-gas major said that in their planned strategic alliance, BP and Aker BP will explore potential venture-capital investments targeting technology and innovation improvements.
Areas for potential investment include digital twins for physical machinery, advanced seismic techniques and processing, and sub-sea and robot technology, BP said.
BP Technology's chief commercial officer Steve Cook said: "Our alliance will help both companies identify and invest in innovation that will help secure and advance our industry's future."
Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin
(END) Dow Jones Newswires
October 03, 2018 03:16 ET (07:16 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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