Although the Central North Sea is a mature basin, it is still rich in opportunities ... developments in broadband technology, velocity modelling and demultiple. Recent phases of acquisition ...

Aker BP ASA discovered oil in the central North Sea, but initial assessments show the discovery is not profitable at the present time, the Norwegian Petroleum Directorate reported Feb. 10.

LONDON (Reuters) - BP has made two new oil and gas discoveries in the UK North Sea, it said on Wednesday, giving new impetus to its plans to boost production in the ageing basin into the middle of ...