One of the world’s largest oil companies celebrated its new regional operations hub in downtown Oklahoma City, capping a more than yearlong effort to refocus the company on Oklahoma and the United States.
Gov. Mary Fallin praised the company for its more than 60-year history in the state.
“You are in this beautiful, industrial, modern, but historic office building that depicts what BP Lower 48 is about,” said Fallin during the building celebration. “You’ve taken an industry that’s been here a very long time and combined the newest in innovation and technology, and you have a great future ahead of the state and all of your employees.”
“British oil giant BP PLC in 2014 separated its onshore U.S. oil and natural gas business into a subsidiary designed to operate like an independent producer, but with the backing of one of the world’s largest oil firms.
Based in Houston, BP Lower 48 Onshore has about 1,220 employees nationwide, including about 50 in Oklahoma City and 175 statewide.
The Oklahoma City office is designed as the operations hub for the company’s Mid-Continent region. The company controls 5.7 million acres in the United States, including 1.1 million acres across the Mid-Continent region.