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Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

Green Car Congress

Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 In Azerbaijan, acquisition of Devon’s 5.63% stake in the ACG development will increase BP’s operating interest in the fields to 39.77%. billion in cash.

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BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

Green Car Congress

Earlier in December, Cobalt International Energy announced a significant discovery at its Lontra well in the pre-salt play offshore Angola, in which BP holds a 30% interest. In mid-December 2013, BP announced its discovery in the Gila prospect, its latest in the Paleogene in the deepwater US Gulf of Mexico. Click to enlarge. —Joseph H.

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Lotfi Zadeh and the Birth of Fuzzy Logic

Cars That Think

He was born in 1921 in Azerbaijan, then part of the Soviet Union, and moved to Iran at age 10. It was a comfortable, undemanding environment; I was not challenged internally. was the first to apply fuzzy theory to a consumer product, a shower head that controlled water temperature, in 1987. Zadeh Date of Birth Feb.