Bp shearwater sale
WebJun 5, 2024 · BP has a 28% share in the Shell-operated Shearwater gas field which lies about 200km (125 miles) east of Aberdeen. The BP-operated Andrew Area is located 230km (140 miles) north east of Aberdeen ... 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 ...
Bp shearwater sale
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WebApr 24, 2024 · Shell has a 28 percent stake in Shearwater, BP holds 27.5 percent and Exxon Mobil has the remaining 44.5 percent. For BP, a sale would mark a step toward its target of selling $5 to $6 billion of ... WebJun 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 …
WebJun 7, 2024 · BP is again seeking buyers for its stake in the Shearwater oilfield in the British North Sea after talks with Royal Dutch Shell fell through, industry and banking sources said. WebJan 8, 2024 · The stake sales in the Andrew area and Shearwater assets are part of BP’s planned programme of $10bn divestments by the end of 2024. BP North Sea regional president Ariel Flores said: “BP has been reshaping its portfolio in the North Sea to focus on core growth areas, including the Clair, Quad 204 and ETAP hubs.
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 … WebJul 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 …
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.
WebJun 7, 2024 · BP is again seeking buyers for its stake in the Shearwater oilfield in the British North Sea after talks with Royal Dutch Shell fell through, industry and banking sources … jasmine chinese takeaway ayrWebJun 28, 2024 · Royal Dutch Shell has agreed to acquire BP’s stake of 27.5% in the producing Shearwater gas field in the UK North Sea, thereby replacing a deal signed by the latter in May 2024. The deal increases Shell’s stake in the offshore gas field to 55.5%. Shell is already the operator of the field with a stake of 28%. jasmine chinese restaurant bethlehem paWebJan 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 ... jasmine chinese takeaway shoreham by seaWebJan 7, 2024 · BP has relauched the sale of stakes in a number of North Sea oilfields it ... BP originally agreed to sell its interest in the fields in the Andrew area and the Shearwater … low income 55+ apartments for rentWebJun 28, 2024 · Shell has agreed to acquire BP’s 27.5% working interest in the Shearwater field in the UK North Sea, negating the planned sale of the stake to Tailwind Energy. … low income access to healthy foodWebJan 8, 2024 · The stake sales in the Andrew area and Shearwater assets are part of BP’s planned programme of $10bn divestments by the end of 2024. BP North Sea regional … jasmine chinese takeaway kintoreWebMay 24, 2024 · BP currently holds a 27.5% non-operated interest in Shearwater, a high pressure, high temperature (HP/HT) reservoir operated by Shell. BP had originally … jasmine chinese ashford