Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Mozambique upstream progress defies unrest
The east African country continues to attract investment in oil and gas projects, but concerns over security are still impeding developments in the gas-rich north
Woodside sees long-term future for LNG
CEO Meg O’Neill is positive about the prospects for gas as the energy transition gathers pace
Accelerated gas focus for new UK licensing round
Regulator designates four priority clusters in Southern North Sea for fast track
Does Repsol point the way again for European peers?
The Spanish firm has form for leading where other firms swiftly follow
Mixed appetite for UKCS farm-outs
Deltic reports progress but will also relinquish two licences after failed processes
Is floating LNG coming of age in Africa?
Offshore liquefaction projects seem well-suited for the continent’s upstream
Little love lost as Serica and Kistos walk away
Neither firm will pursue their offer for the other, but they may look elsewhere
Suncor in no rush on UKCS sale
The Canadian producer’s exit from Norway may not be closely followed by divestment across the maritime border
Shell commits to second SNS exploration probe
The major will sink another well linked to farm-in agreements with UK independent Deltic
Hurricane looks to a debt-free future
Embattled North Sea producer is set to pay off the last of its convertible bonds later this month
The Glen Lyon FPSO vessel
North Sea BP
Peter Ramsay
7 September 2021
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

BP content with West of Shetland portfolio

The major pronounces itself satisfied with the assets it holds in the UKCS frontier region

“We have done a lot over the last five years to rationalise, optimise and improve our portfolio,” BP’s executive vice president, production and operations, Gordon Birrell, told the Offshore Europe conference on Tuesday. “And I have to say we are quite happy with our West of Shetland (WoS) portfolio right now. “Clearly, there are some relatively new assets WoS that we have in the form of the new Glen Lyon [floating production, storage and offloading vessel] at the Schiehallion field. And we have the two platforms at the Clair field that are relatively new,” he continues. But Clair is not without its issues, particularly given its “very complex” reservoir. “We have our best brains engaged in t

Also in this section
Israel-Iran war imperils Egypt’s energy supply
18 June 2025
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
Argentina makes progress on LNG dream
18 June 2025
Eni is joining the first phase of the 30mt/yr ARGLNG, while consortium behind the smaller Southern Energy LNG has reached FID
The oil risk premium fable
17 June 2025
Israel’s attack on Iran caught oil firms with low inventories due to their efforts to protect themselves from falling prices, creating a perfect storm
Look again at African oil and gas investment
17 June 2025
Sound development planning is essential in this diverse and rapidly evolving region

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search