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Premier Oil to buy BP North Sea assets for $625 million

FILE PHOTO: A sign is seen outside BP's North Sea Headquarters in Aberdeen
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LONDON (Reuters) - Premier Oil is set to buy stakes in North Sea oilfields Andrew and Shearwater from BP for $625 million (475 million pounds) and increase its stake in the Tolmount gas project buying a bigger stake from Dana for $191 million, Premier said on Tuesday.It also said it had extended its debt maturity timeline to the end of November 2023.
Date Published: Jan 07, 2020
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