BP doubles UK Culzean gas stake with 2019 in sight

摘要

London-BP has doubled its stake in the major Maersk Oil-operated Culzean gas field in the UK North Sea to 32% as the partners continue to aim for first gas in 2019, the company said Monday. The $4.5 billion project was given the green light in August last year despite the current low price environment and the paucity of new project sanctions globally.