BP Increasing Stake In First-Ever Deepwater UKCS Field

Supermajor BP has signed a deal with Viaro Energy’s subsidiary, RockRose, to increase its stake in the Foinaven oil field located on the UKCS.

Viaro Energy said that RockRose Energy was looking to divest its 28 percent non-operated interest in the Foinaven field to pursue further growth opportunities in the UK offshore sector. The company did not disclose any financial details.

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