BP has agreed to sell two of its major assets in the North Sea to Premier Oil in a deal worth $625 million (£475m).
It includes the Andrew assets – comprising the Andrew platform, the Andrew, Arundel, Cyrus, Farragon and Kinnoull fields and associated subsea infrastructure – as well as its 27.5% stake in the Shell-operated Shearwater field.
The five fields in the Andrew area all produce through the Andrew platform, which is located around 140 miles north-east of Aberdeen.
future Net Zero is a free site but we’d ask you to login one time to access the content.
You will also be subscribed to our newsletter service, which will offer insight and editorial commentary, you are free to unsubscribe at anytime.
You can sign up using:
Or simply create an account