bp increases operating expenditure on ACG by more than 8%

In the first three quarters of 2023, bp and its co-venturers spent about $365 million in operating expenditure and $1,109 million in capital expenditure on ACG activities, respectively, up $28 million, or 8.3%, and down $95 million, or 7.9%, from the previous year, Report informs, citing the company.

ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGCVidesh (2.31%).