Wytch Farm News

Maersk Sells North Sea Stakes to RockRose

Maersk Oil, a unit of Danish conglomerate A.P. Moller-Maersk, has agreed to sell stakes in three North Sea fields to RockRose Energy, the latest new entrant into the ageing basin. RockRose suspended trading on Wednesday before announcing it has agreed non-binding headline terms and a period of exclusivity from Maersk Oil North Sea UK to acquire its non-operated 7.4 percent interest in the Wytch Farm field, a 5.2 percent interest in the Scott fields and a 2.4 percent interest in the Telford field.

Aker Kvaerner Secures Contract from BP

AK Engineering Services, part of the Aker Kvaerner group, has secured a multi-million pound contract to service two major onshore facilities for BP in the UK. The work will be performed by personnel from the firm's Stockton facility and from sister organisations in Aberdeen and Solent over the next three years. The scope of work covers the provision of engineering, modifications and maintenance services at BP's Wytch Farm production and transport facility in Dorset, and at the BP CATS (Central Area Transmission System) gas terminal on Teesside, North East England. The contract includes three further two-year extension options. Around 150 personnel from the three locations will be employed on the project.