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Home / News / Today's Headlines / BP Finds Oil in North Sea

21.05.2008

BP Finds Oil in North Sea

BP and its co-venturers, ENI UK Ltd and Petro Summit Investment UK Ltd, announced an oil discovery in North Sea Block 16/23s, some 230 kilometres north-east of Aberdeen, to be named Kinnoull.

BP and co-venturers are now evaluating the Kinnoull discovery and potential development options, including a subsea development tied back to BP’s Andrew field which is located around 25 kilometres to the south.

Dave Blackwood, head of BP’s North Sea business, said, “Discoveries like Kinnoull are important additions to our strong resource base in the North Sea. We will now evaluate development options, looking to take advantage of the existing infrastructure in the area.”

Kinnoull is BP’s second operated exploration success this year in the UK Continental Shelf, following the discovery of the South West Foinaven field, west of Shetland, in January.

Source: BP

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