Premier Oil abandoned its plans to buy North Sea fields from BP for $210 million after Premier was taken over by rival Chrysaor, marking a small dent in BP's $25 billion disposals target.
To meet the increasing complexity of drilling and completing wells in higher pressure and temperature environments that are deeper and have longer deviations, Scott Sigurdson, vice-president of ...
Struggling oil and gas producer Premier Oil has begun talks with BP to lower for the second time a $210 million deal to acquire stakes in two North Sea oilfields, sources told Reuters on Wednesday.