Business Outlook 2019


Producing Fields BP

BP enhanced its stake in the Clair field, acquiring the interest held by ConocoPhillips


EnQuest acquired the remaining interest in the Magnus field from BP

Serica Energy

Serica Energy acquired an increased stake in the Keith and Rhum fields from Total, Marubeni and BHP Billiton and closed out the deal to buy BP’s share of the Rhum field

Verus Petroleum

Verus Petroleum acquired a stake in the Babbage area from Premier Oil

Rockrose Energy purchased an interest in the Arran field from Dana Petroleum


Chrysaor took on the remaining stake in the Seymour and Maria fields from Spirit Energy

Tailwind Energy

Tailwind Energy acquired the Triton cluster assets from Shell and ExxonMobil

Corporate Acquisitions and Mergers Oranje-Nassau Energie (ONE)

Oranje-Nassau Energie (ONE)

Oranje-Nassau with Dyas to form ONE-Dyas. The merger allows the companies to expand production and pursue new development opportunities Energie (ONE) merged

Verus Petroleum

Verus Petroleum

Verus Petroleum acquired CIECO Exploration and Productionwith the aimof expanding its UKCS footprint



Wintershall merged with DEA to form Wintershall DEA. The aim of the merger is to create new growth potential and open up new opportunities DNO completed the acquisition of Faroe Petroleum in a hostile takeover in early 2019. This included stakes in a number of UK fields.


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