EnergyWatch

BP divests North Sea assets

The British oil company divests assets in the North Sea to E&P firm Premier Oil as part of a larger sales plan.

Photo: Toby Melville/Reuters/Ritzau Scanpix

British oil company BP has sold assets in the North Sea to exploration and production firm Premier Oil for GBP 625 million.

Premier Oil is to finance the acquisition by issuing shares worth GBP 500 million.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

GE implements 3D printing for making component molds

Developing the world's largest 3D printer will enable the OEM to make molds for nacelle components of up to 9.5 meters in diameter and weighing more than 60 tonnes by means of additive manufacturing. Initial testing is set to begin in early 2022.

Further reading

Related articles

Trial banner

Latest News

See all jobs