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Bp shearwater sale

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. WebJan 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 ...

BP, Premier Oil in $625M North Sea Deal - Offshore Engineer …

WebJun 19, 2024 · BP recently reduced the sale price of its North Sea assets. This is because the value of these fields is now lower in the new environment for energy prices. ... The Shearwater oilfield is located ... WebJan 7, 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 ... hell\u0027s kitchen what time https://urbanhiphotels.com

BP relaunches sale of North Sea assets Premier Oil …

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 … WebMay 18, 2024 · May 18, 2024 — 10:35 am EDT. BP plc BP is likely to divest its 28% stake in the Shearwater field to Tailwind Energy, a privately-held oil and gas company, per … WebJun 25, 2024 · BP and Tailwind didn’t immediately respond to requests for comment. Shell is acquiring BP’s 27.5% working interest in Shearwater, expanding its stake to 55.5%, and … hell\u0027s kitchen where are they now season 11

BP Nears Sale of U.K. North Sea Asset to Tailwind - Bloomberg

Category:Shell to Buy BP’s Shearwater Stake, Superseding Tailwind Deal

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Bp shearwater sale

BP to sell North Sea assets to Premier Oil Oilfield Technology

WebJun 7, 2024 · Shell 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 … 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 …

Bp shearwater sale

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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 ... 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 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 … WebMay 17, 2024 · Andy Hoffman. BP Plc is in advanced talks to sell its 28% interest in the Shearwater field in the U.K. North Sea to Tailwind Energy Ltd ., an explorer backed by …

WebJan 7, 2024 · The sale marks a continuing trend of North Sea divestments by BP. In 2024, it sold its interests in the Bruce, Keith and Rhum fields to Serica Energy for £300 million. 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 …

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 · Shell is to buy BP's 27.5% stake in the North Sea Shearwater gas and condensate hub -- currently under redevelopment -- in place of an earlier-announced deal by which the stake was to go to Tailwind Energy, a company backed by trader Mercuria, the Anglo-Dutch major said June 25. hell\\u0027s kitchen wharfWebShell 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 ... lakeway in austin txWebJun 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 ... hell\\u0027s kitchen where are they nowWebFeb 4, 2024 · Shearwater Reveal is the only seismic imaging and processing software designed and built entirely in the 21st century. It provides time and depth processing and imaging for both land and marine environments from within a single user interface. Shearwater uses Reveal internally for all processing projects, ensuring continuous … hell\u0027s kitchen where are they nowWebJan 8, 2024 · BP has relaunched the sale of stakes in a number of North Sea oilfields it agreed to sell to Premier Oil before the beleaguered company was taken over last year, industry sources said on Thursday. BP … lakeway learning centerWebJun 10, 2024 · Reuters later reported in April that BP was in talks with Shell and the deal was thought to be worth around $250m (£193m). Shearwater is operated by Shell with a 28% stake while BP holds 27.5% ... hell\u0027s kitchen where are they now contestantsWebJun 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 … hell\u0027s kitchen wedding real or fake