Bridge receives ‘multiple offers’ for North Sea redevelopment but licence roadblock beckons
Bridge Petroleum has reported “multiple offers” for its Galapagos North Sea redevelopment; however, licensing rules may produce a roadblock.
Galapagos
Bridge Petroleum says ‘things are looking up’ for Galapagos project
The company behind a massive North Sea redevelopment that could yield millions of barrels of oil says it is “hopeful for the future” of the project.
More than a dozen North Sea projects face red light due to oil price plummet
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Giant North Sea redevelopment can help end false perceptions, says former oil boss
A giant North Sea project could help disprove false perceptions on redeveloping old fields, according to a former oil boss.
North Sea players bring ‘rebound’ to FPSO market
North Sea work is helping bring the global FPSO market “back to life” according to a new report from Rystad Energy.
‘High level’ of interest for Bridge’s Galapagos development
Bridge Petroleum has reported "high levels" of farm-out interest for its Galapagos development in the northern North Sea.
Bridge Petroleum, owner of ‘Brent giant’ Galapagos, wins in latest licensing round
Bridge Petroleum, owner of the “dormant Brent giant” Galapagos, has been awarded five licenses in the latest North Sea round.
Galapagos redevelopment plan is achievable, says analyst
Bridge Petroleum’s plan to redevelop its Galapagos field, which has up to 800million barrels remaining, is achievable, according to an analyst.
Plan to awaken ‘dormant Brent giant’ in North Sea
London-based oil explorer Bridge Petroleum has launched plans to awaken “a dormant Brent giant” in the North Sea.