The Glen Lyon FPSO vessel
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
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
9 December 2025
The group’s oil production declined in November, our latest analysis finds, amid divided sentiment over market balances and geopolitical jitters
8 December 2025
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
