Oil&Auto

The FINANCIAL -- On November 22 operator Statoil and partners Masdar and Statkraft officially open the Dudgeon offshore wind farm in Great Yarmouth, UK. Since the investment decision was made in 2014, construction costs have been reduced by more than 15%, from GBP 1.5 billion to approximately GBP 1.25 ...

The FINANCIAL -- BP has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy plc. BP currently operates the assets, which comprise the Bruce, Keith and Rhum ...