The wells are located in the North Alexandria concession area, where BP is working to assess actual producible reserves. The process is expected to be completed by April ...

The fossil fuels giant has unveiled its new strategy, which will involve BP refocusing its efforts on increasing oil and gas production. This comes after investors were unhappy with BP’s profits and ...

Orcadian acquired Halo Offshore UK, a subsidiary of a North Sea focused developer that went into liquidation two years ago, ...

Such concerns have come to the fore of late after Francesco Mazzagatti, an Italian oil trader who is currently purchasing 11 North Sea oil fields in a $500m deal from Shell, has been accused in the ...

Louise Kingham said ‘clarity’ from the UK Government is needed to unlock investment in the North Sea as she reaffirmed BP’s ...

The objective of the well was to prove petroleum in Upper Cretaceous limestone rocks in the Tor formation. The well ...

There are concerns about the impact of jet fuel on marine animals following a crash between an oil tanker and a cargo ship ...

Louise Kingham, who leads BP in Europe, told the Scottish Affairs Committee there were still “great economic opportunities” in the North Sea. But she said the UK Government must provide ...

A crash off the Yorkshire coast involving an oil tanker which has released fuel into the sea has caused immediate worry for ...