Exclusive: BP acquires JX Nippon stakes in North Sea Andrew Area
BP has agreed to buy the stakes of JX Nippon in the ageing Andrew Area in the North Sea, confirming its intent to see the asset through decommissioning.
Andrew Area
NEO Energy to buy JX Nippon UK assets in £1.2billion deal
NEO Energy is buying JX Nippon E&P UK, the British business of Japan's ENEOS holdings, for £1.2billion in the latest of a string of North Sea acquisitions.
BP is in talks to buy North Sea oil field stake from JX Nippon
BP (LON: BP) is in talks to buy JX Nippon Exploration and Production’s stake in the North Sea Andrew Area oil and gas fields, according to people with knowledge of the matter, reversing an earlier plan to sell its own holding.
‘Traumatic year’ sees North Sea operators hand back up to 1.1bn barrels of oil
North Sea operators have handed back up to 1.1 billion recoverable barrels of oil from UK fields, according to data released by the Oil and Gas Authority (OGA).
BP relaunches sale of North Sea oil fields – report
BP is relaunching the sale of its interests in a number of North Sea oil fields, according to Reuters, after the collapse of its deal with Premier Oil last year.
Premier Oil seeks another price cut for BP North Sea assets – report
Premier Oil is seeking another price cut for the North Sea assets it is buying from BP, according to a news report.
Premier Oil scraps £152million Dana Tolmount deal, creditors approve BP North Sea acquisitions
Premier Oil has scrapped a $191million (£152m) deal to acquire an additional 25% stake in the Tolmount project from Dana Petroleum.