Bp shearwater sale
WebJan 7, 2024 · BP has agreed terms to sell its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shearwater field BP operates the Andrew assets – comprising the Andrew platform, the Andrew (62.75%), Arundel (100%), Cyrus (100%), Farragon (50%) and Kinnoull (77.06%) fields and associated subsea infrastructure. WebMay 24, 2024 · BP kept looking for buyers and has found one, in Tailwind, for its 27.5% non-operated stake in Shearwater, which is operated by Shell, in the central North Sea.
Bp shearwater sale
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WebJan 7, 2024 · BP has agreed terms to sell its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shearwater field. BP operates the … WebMay 17, 2024 · BP (BP +1.1%) is in advanced talks to sell its 28% interest in the Shearwater field in the U.K. North Sea to Mercuria-backed Tailwind Energy, with an agreement perhaps just days away, Bloomberg ...
WebJan 8, 2024 · Oil major BP has reportedly relaunched the sale of its North Sea assets it initially tried to sell to Premier Oil before it was taken over by another UK player, Chrysaor. ... To remind, Premier Oil about a year ago … WebJan 7, 2024 · There is no transfer of staff associated with the Shearwater sale. The sales are the latest step in BP's planned programme of US$10 billion divestments by the end of 2024. Subject to the receipt of regulatory and other third-party approvals, BP aims to complete the sale and transfer of operatorship of the assets at the end of 3Q20.
WebJan 7, 2024 · BP also holds a 27.5% stake in the Shell-operated Shearwater field. This transaction is one of several similar moves over recent years, in which big oil firms move out of maturing oil fields and ... WebMay 25, 2024 · BP is selling its 27.5% stake in the Shell-led Shearwater field to private-equity-backed producer Tailwind Energy for an undisclosed sum. Shearwater is in the UK North Sea and currently produces about 18,000 BOE/D. BP had agreed in January 2024 to divest Shearwater along with its Andrew projects to Premier Oil for $625 million, but the …
WebJan 7, 2024 · There is no transfer of staff associated with the Shearwater sale. “BP has been reshaping its portfolio in the North Sea to focus on core growth areas, including the …
WebJul 21, 2024 · British oil and gas firm Premier Oil has signed sale and purchase agreements (SPAs) for acquiring BP’s interests in the Andrew Area and its Shearwater assets.. Last month, Premier Oil and BP agreed revised terms over the latter’s sale of a series of North Sea assets, ending a dispute Premier’s largest creditor Asia Research Capital … sims 4 walkout basementrcm cavigo toothpaste priceWebinfrastructure. It holds a 27.5% stake in the Shell-operated Shearwater field. Under the terms of the deal, Premier Oil will pay BP $625 million. Decommissioning liability for the … sims 4 wall archWebJun 25, 2024 · BP Plc’s stake in a North Sea field they share, superseding a deal agreed by the British oil major last month. “Shell U.K. Ltd. has agreed to purchase BP’s interest in the Shearwater gas hub ... rcmc general surgeryWebJul 20, 2024 · Module bound for BP's Andrew field. Premier Oil has signed a sale and purchase agreement to buy BP's Andrew Area and its Shearwater assets in a deal worth up to $565 million. The North Sea producers had last month renegotiated the terms of the sale after the price of oil plunged as Covid-19 reduced demand. Premier Oil had originally … sims 4 walking stick locationWebShell holds a 28% stake in Shearwater, while Exxon Mobil has the remaining 44.5%. Shell and BP declined to comment. Ariel Flores, BP’s North Sea boss, told reporters in Aberdeen this week that ... rc mcgraws manhattan ksWebJan 8, 2024 · There is no transfer of staff associated with the Shearwater sale. The sales are the latest step in BP’s planned program of $10 billion divestments by the end of 2024. Subject to the receipt of regulatory and other third-party approvals, BP aims to complete the sale and transfer of operatorship of the assets at the end of the third quarter of ... sims 4 walking stick mod