Oil giant BP has agreed a £474m ($625m) deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields ...

The proposed deal includes BP's interest in the Shearwater gas field Oil giant BP has agreed to heavily discount the price of North Sea assets it is planning to sell to Premier Oil. The two ...

SNP and Labour ministers have been accused of causing “economic damage” to Scotland’s North Sea oil and gas sector.

Subsea Integration Alliance, a joint venture between Subsea7 and OneSubsea, has been awarded a contract by bp in the UK North Sea. The contract is for the Murlach development, previously known as ...

Digital twin software provider Aize has announced a new agreement to act as a global partner for asset visualisation for bp.

Digital twin software provider Aize has secured a new agreement to act as a global partner for asset visualization for ...

OMV has kicked off its 2025 offshore exploration drilling programme in Norway, while top operators Aker BP and DNO will spud ...

BP was unable to say how many UK jobs would be lost. About 6,000 of its 15,000 UK employees work in petrol and service stations and so are unlikely to be affected. The rest are spread between its ...

“We are determined to have set the right fiscal and regulatory regimes to make sure we can get the maximum possible economic extraction of oil and gas from the North Sea”, said Minister ...

Shell's partnership with Norway's Equinor combines strengths in the North Sea, leveraging assets like Shell’s Jackdaw gas field and Equinor’s Rosebank oil field. Jackdaw is set to come online ...

BP did not disclose how many people were affected ... The Labour UK government has signalled it will not allow any new North Sea oil and gas developments to be opened up, while the SNP government ...