I just thought I would throw this latest Press release (below) out there in order to raise a few opinions/feelings/views about future possibilities or change to the current operation, presently being carried out by BHL
. Considering the fact that BHL have been operating from Humberside for almost a year they are still undermanned, having to regularly supplement with Norwich based pilots, still have to aggree roster conditions with the entire Humberside pilot workforce & still have to aggree Ts & Cs for the personnel that TUPEd late last year.
Could we be looking at further contract negotiations for heli support with the new owner?
Would Transfer of employment include support contracts?
Could ex CHC pilots find themselves back where they came from before they're even harmonised?
Release date: 22 February 2011
BP announced today the intention of selling its interests in a number of operated oil and gas fields in the UK. The assets involved are the Wytch Farm onshore oilfield in Dorset and all of BP’s operated gas fields in the Southern North Sea, including associated pipeline infrastructure and the Dimlington terminal.
BP anticipates that the staff currently working on these assets will transfer employment to the new buyer when the divestments are completed.
These divestments will allow BP to focus resources and investment on its diverse central North Sea, northern North Sea, West of Shetland and Norway assets and on successful delivery of its new major projects.
Trevor Garlick, Regional President, BP North Sea said: “The North Sea is a significant business for BP and we are currently investing here at the highest level for more than ten years, with four major new field development projects underway in the UK and two in Norway. The assets we intend to divest are of high value but find it difficult to compete for capital and resource within our North Sea portfolio. We believe they will attract earlier investment and be of greater value to a new buyer.
“Ensuring continued safe operation of these assets will continue to be our priority as we seek potential purchasers and support our staff through the transition process which will follow.”
BP aims to complete the divestments around the end of 2011, subject to receipt of suitable offers and regulatory and third party approvals.
The equity being offered for sale by BP is as follows:
Wytch Farm
All of BP’s equity which is:
- 67.81% operated interest in the Wytch Farm oil field (covering the Frome, Bridport and Sherwood reservoirs)
- 67.5% operated interest in the Beacon discovery
- 67.5% operated interest in the Wareham oil field
- 100% operated interest in the Kimmeridge oil field
Southern North Sea- BP’s interest in the Cleeton stream fields
- BP’s interest in the West Sole stream fields
- BP’s interest in the Amethyst field and
- BP’s interest in the related infrastructure, including the Cleeton Field, the Southern North Sea Pipeline System (SNSPS) and the Dimlington terminal
Asset Interest (%)Operator
Cleeton Stream
ECA Riser Tower 65.00 BP
Apollo 65.00 BP
Mercury 73.33 BP
Minerva 65.00 BP
Neptunel 100.00 BP
Wollaston 66.27 BP
Whittle 66.27 BP
Ravenspurn South 100.00 BP
Ravenspurn North 53.50 BP
West Sole Stream
West Sole 100.00 BP
Hyde 100.00 BP
Hoton 100.00 BP
Newsham 100.00 BP
Amethyst Unit 83.65 BP
Infrastructure
Cleeton Platform 100.00 BP
SNSPS 100.00 BP
Dimlington Terminal2 100.00 BP
Dimlington to Saltend
Condensate Pipeline 100.00 BP
1 BP will acquire 100% of Neptune on completion of an SPA signed with Amerada Hess in 2010.
2 Including the BP Easington Terminal and the Centrica Easington to Dimlington Linkline BP’s net production from these assets is some 40 mboe/d.