US survey dispels safety fears over BP sell off, says DTI

摘要

Oil major BP has recently announced the sell-off of up to 50 mature oil and gas fields in the North Sea as it intends to concentrate its strategy on Russian holdings There is a clear refocusing of exploration and production (E&P) activities and investment abroad by major and larger independents generally with the result that smaller independents will be taking a larger role in domestic E&P activity, writes Corinne Watkins. Consequently the expanded role for smaller independents has led to fears, both among regulatory and industry analysts, that they may not match their predecessors in terms of their performance in workers' safety.