BP agrees deal to extend UK West of Shetland Foinaven production

摘要

London—BP has agreed to a deal with service providers intended to ensure the long-term future of Foinaven, its longest-producing oil field in the UK West of Shetland area, it said Friday, signalling an end to a period of uncertainty over the field’s production facility. The announcement extending BP’s use of the Petrojarl production vessel appears to reinforce the company’s presence in the West of Shetland area, where it recently overhauled the two largest producing fields, Clair and Schiehallion.