Mon, 24th May 2021 15:52
LONDON, May 24 (Reuters) - Tailwind, a private oil producer
backed by commodity trader Mercuria, has agreed to buy BP's
27.5% stake in the Shearwater oilfield in the British
North Sea, it said on Monday.
BP had previously agreed to sell the stake to Premier Oil,
but the deal fell through when Chrysaor bought Premier Oil to
form Harbour Energy last year.
(Reporting by Shadia Nasralla and Ron Bousso; editing by David
Evans)
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Harbour Energy (HBR)