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Saturday, 12/09/2017 9:19:07 PM

Saturday, December 09, 2017 9:19:07 PM

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$BP - The Zohr gas field offshore Egypt will come online by the end of December, marking the completion of what BP (BP +0.7%) calls one of its biggest years ever as it shifts from crude oil toward cleaner-burning gas projects as a result of the 2010 Deepwater Horizon tragedy.

BP routinely ran over budget and behind schedule on projects through 2010 but has since become a leader in keeping project costs below budget and finishing on time, says Dave O'Connor, head of BP's Global Projects Organization.

BP completed seven major projects this year, in Egypt, Trinidad and Tobago, Oman, Australia and in the U.K. North Sea; out of the seven, only the North Sea expansion is focused on crude oil.

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