BP to sell North Sea assets to Premier Oil
The assets to be sold by BP include its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shearwater field.
The assets to be sold by BP include its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shearwater field.
The discovery was made at the Maka Central-1 well drilled offshore Suriname on Block 58.
Drilling in block 6507/8 is scheduled to begin in mid-January 2020, and is estimated to last for 67 days.
Vessel utilisation for 4Q19 was 80% compared with 32% for 4Q18. For the full year 2019, the vessel utilisation was 59%, whereas the utilisation for the full year 2018 was 33%.