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
Outlook 2026: Grand plan for offshore leasing should give boost to US Gulf
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
Outlook 2026: Revitalising Syria’s oil and gas sector – A new chapter
Outlook 2026
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
Outlook 2026: LNG markets and the overhang
Outlook 2026
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
Outlook 2026: Energy realism regains the initiative from energy idealism
Outlook 2026
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away

Share PDF with colleagues

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

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