BP has confirmed that its head of North Sea operations is to move on to a new role within the company.
BP’s North Sea boss said yesterday that the business has got “positive momentum” in its quest to meet ambitious production targets.
At last November’s Oil & Gas UK share, BP stated clearly that it could do business in UK waters at $50 a barrel, significantly boost production and hit the exploration trail. Six months later, that strategy holds firm, as the major’s North Sea president, Mark Thomas, explained to Jeremy Cresswell.
Oil major BP is celebrating the start of production from Quad 204, one of the largest field redevelopments in North Sea history.
A boss at BP has hailed the North Sea as an attractive place to invest and said the oil major would keep working to “reinforce confidence” in the region.
I was grateful to be invited to address the Aberdeen business community last week as part of the Scottish Council for Development and Industry’s (SCDI) Oil and Gas Industry Leader Series.
In order to maximise economic recovery from the UK continental shelf (MER UK), the OGA has spoken of the need to ensure that “the right assets are in the right hands”. In other words, for producing fields, potential new developments, exploration opportunities and infrastructure, to lie in the hands of those who will manage and steward them well and invest to realise their remaining potential.
BP’s North Sea president Mark Thomas will step into the Editor’s seat for Energy Voice this week.
North Sea Alex Kemp used a celebration of his 50 years with Aberdeen University to remind guests there was still a major oil and gas bounty to plunder in UK waters.
BP has today renewed its commitment to the North Sea – by announcing the creation of more than 500 jobs.
BP boss Mark Thomas has hailed the west of Shetland the North Sea’s "next chapter of opportunity".