BP Snaps Up North Sea Assets

Graphic for News Item: BP Snaps Up North Sea Assets

BP today confirmed it has acquired interests in two North Sea exploration prospects as a “further demonstration of the organisation’s commitment to the basin”.

The oil major snapped-up interest in the Jock Scott and Craster prospects.

BP has acquired a 25% interest in the Statoil-operated licenses located to the east of Shetland, P2275 and P2097, which includes the Jock Scott prospect, and a 40% interest in the nearby P2163 and P2147 licenses. Statoil will remain the operator for all of these licenses.

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