North Sea oil: new owners for twilight years raise questions of national interest
- Written by Gavin Bridge, Professor of Geography, Durham University
Changes in the pipeline. Arild LilleboeThe changing of the guard in the UK North Sea has reached a symbolic turning point. The reverse takeover deal between Chrysaor and Premier Oil overhauls BP to create a new number-one oil and gas operator, producing some 270,000 barrels of oil equivalent per day. Significantly, the new entity is controlled by p...