deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields, as well as its minority stake in the Shell ...

has been awarded a contract by bp in the UK North Sea. The contract is for the Murlach development, previously known as the Skua field, located 240km east of Aberdeen. Subsea 7 has classified the ...

The proposed deal includes BP's interest in the Shearwater gas field Oil giant BP has agreed to heavily discount the price of North Sea assets it ... the Shearwater and Andrew fields.

“We are determined to have set the right fiscal and regulatory regimes to make sure we can get the maximum possible economic extraction of oil and gas from the North Sea”, said Minister ...