BP takes stronger role in North Sea gas

BP takes stronger role in North Sea gas London (UPI) May 16, 2016 - BP said Monday it was doubling its stake in the Culzean gas field in the North Sea, which is expected to have enough gas to meet 5 percent of British demand. For an undisclosed sum, BP said it doubled its stake in the field after taking a 16 percent share held by Japanese energy company JX Nippon. The field is operated by Danish energy company Maersk. "We are pleased to have deep ... more

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