Viaro Energy exits Foinaven area offshore UK after agreeing sale to BP

Thursday, 16 December 2021

Upstream reports on Viaro’s agreement with BP to divest its non-operating interest in the Foinaven area. The article discusses the history of the Foinaven field, the first deep-water develop on the UKCS and notes recent production numbers of 12,000 boepd. The piece notes that the transaction will be completed in the first quarter of 2022 and includes a comment from Viaro CEO, Francesco Mazzagatti.