Premier Oil passes milestone towards BP North Sea deal

Sale and purchase agreements signed with UK supermajor as creditors give go-ahead to new terms

Non-operating stake: Premier is set to gain an interest in Shell's Shearwater platform in UK North Sea — Non-operating stake: Premier is set to gain an interest in Shell's Shearwater platform in UK North SeaPhoto: SIMON PRICE

Rob Watts

London

Premier Oil Tony Durrant Andrew Area Shearwater Shell

Published 20 July 2020, 07:02Updated 20 July 2020, 07:05