BP is fielding final bids from a handful of junior energy companies for its North Sea assets, according to people familiar with the matter.
Workers have been removed from a BP North Sea platform after a positive Covid-19 case on board.
The Chrysaor-Premier Oil mega merger won’t mark the end of Chrysaor’s acquisition spree, according to the top consultant at Westwood Global.
Tony Durrant said he was “disappointed” that Premier Oil’s acquisition of BP’s stakes in the Andrew and Shearwater fields had been derailed.
BP has rejected accusations made by Greenpeace that an oil spill occurred at the Andrew platform in the UK North Sea.
Premier Oil has reached another “important milestone” in completing the revised acquisition of BP’s stakes in two UK North Sea fields.
Premier Oil has renegotiated its deal to buy a series of North Sea assets from BP and ended a dispute with its largest creditor.
Oil and gas giant BP is set to open a new Dyce-based Covid-19 testing facility to halt the spread of the virus to its North Sea assets.
Energy giant BP has joined a list of operators working to reduce offshore crew numbers on its North Sea assets in response to the coronavirus outbreak.
UK-based energy explorer Premier Oil can move ahead with its plan to extend debt maturities and buy gas fields in the North Sea, a Scottish court ruled on Wednesday.
Premier Oil and its biggest creditor were going head-to-head in court yesterday over the firm’s intention to extend its debts and acquire North Sea assets.
Energy giant BP has struck a deal to sell £475 million worth of North Sea assets to Premier Oil.
Oil major BP has dished out a contract to Rever Offshore for a subsea tie-back project in the UK North Sea.
Oilfield services firm Craig International has won a North Sea contract worth around £20million with BP.