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26:
320:
In
November 1982, 51% of Governmental shares in Britoil were sold off, however was substantially under-subscribed. The resultant losses were carried by underwriters. The remaining Government minority shareholding in Britoil was sold in November 1985 for £434 million, ensuring it kept a ‘Golden Share’
321:
in order to veto any outsourcing attempts. The collapse in world oil prices globally, combined with the possession of
Britoil’s majority share by BP meant that the golden share was sold to British Petroleum in 1988.
317:, BNOC was split to enable the trading sector of the company BNOC to remain nationalised whilst the oil exploration and production sector, Britoil, was a limited liability company.
536:
Chairman and Chief
Executive: Baron Kearton (Christopher Frank Kearton) (1975–79), Ronald Utiger (1979–1980), Sir Philip Shelbourne (July 1980 – 1988), Sir Robin Duthie (1988–90).
1524:
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548:
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570:
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201:
741:
539:
After the splitting off of
Britoil Lord Croham, the deputy chairman of BNOC, became chairman of BNOC’s trading activities (1982–85).
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1403:
656:
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1133:
528:
In the same year, the company had been subject of an attempted £23 million fraud by one of its own cashiers.
1283:
815:
777:
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1117:
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1005:
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926:
36:
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The Impact of
Privatisation: Ownership and Corporate Performance in the UK
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1267:
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915:
828:
763:
149:
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1056:
746:
324:
Britoil’s
Production entitlement and financial summary was as follows:
161:
805:
165:
145:
207:
Britoil's interest in UK oil and gas fields in 1982 was as follows.
1386:
This article about a natural gas or petroleum-related company is a
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854:
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866:
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204:. Its objective was to maintain adequate oil supply levels.
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892:
882:
672:
British
Government to Yield Its 'Golden Share' of Britoil
131:
1525:
Non-renewable resource companies disestablished in 1988
786:
173:
83:
1505:
Companies formerly listed on the London Stock
Exchange
755:
1515:
Non-renewable resource companies established in 1975
211:Britoil interest in UK oil and gas fields in 1982
188:The company was originally formed in 1975 as the
1481:
549:List of oil exploration and production companies
631:"House of Commons Privatisation Research Paper"
571:Britain Drops a Barrier To B.P. Bid for Britoil
1464:
1411:
771:
747:Catalogue of Clive Jenkins' papers re Britoil
202:Petroleum & Submarine Pipe-lines Act 1975
751:Modern Records Centre, University of Warwick
1490:Oil and gas companies of the United Kingdom
1471:
1457:
1418:
1404:
778:
764:
699:"Cashier admits £23m fraud bid at Britoil"
1439:This corporation or company article is a
1540:British companies disestablished in 1988
566:
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1545:British companies established in 1975
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718:
716:
164:British oil company operating in the
1535:Energy companies established in 1975
1427:
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1358:
625:
623:
607:
605:
561:
339:Profit (loss) before tax, £ million
1307:BP America Production Co. v. Burton
895:(Northern CA, OR, and WA locations)
587:World National Oil Company Statutes
342:Profit (loss) after tax, £ million
168:. It was once a constituent of the
13:
1530:1988 disestablishments in Scotland
713:
200:body, under the provisions of the
14:
1566:
1319:Burmah Oil Co Ltd v Lord Advocate
735:
701:. Herald Scotland. 31 August 1989
620:
602:
315:Oil and Gas (Enterprise) Act 1982
1431:
1378:
1357:
1348:
1347:
1173:Alyeska Pipeline Service Company
190:British National Oil Corporation
24:
1510:1975 establishments in Scotland
1520:National oil and gas companies
691:
683:"Britoil plc offer for sale".
676:
665:
640:
612:"Britoil plc offer for sale".
591:
580:
172:. The company was acquired by
1:
1149:Texas City refinery explosion
742:Worksmart info on Britoil plc
554:
531:
1443:. You can help Knowledge by
1390:. You can help Knowledge by
1284:Trans-Alaska Pipeline System
350:Gas, million cubic feet/day
7:
1500:Companies based in Aberdeen
1223:Commonwealth Oil Refineries
1026:BP Ultimate Acropolis Rally
1006:BP Natural World Book Prize
727:. 29 June 1982. p. 15.
542:
66:; 36 years ago
10:
1571:
1426:
1373:
1301:Anglo-Iranian Oil Co. case
723:"Britoil chairman named".
219:Britoil interest per cent
183:
1343:
1293:
1188:Anglo-Persian Oil Company
1165:
1100:
1034:
1001:BP National Championships
988:
922:Castrol Technology Centre
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335:
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329:
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108:
90:
78:
60:
52:
42:
32:
23:
1183:Anglo-Egyptian Oilfields
996:BP Ford World Rally Team
1550:Petroleum company stubs
333:Production entitlement
1495:Former BP subsidiaries
1258:Llandarcy Oil Refinery
785:
647:Parker, David (1997).
1203:BP Biofuels Highlands
1144:Prudhoe Bay oil spill
118:Sir Philip Shelbourne
1092:Carl-Henric Svanberg
1011:BP Pedestrian Bridge
651:. Psychology Press.
336:Turnover, £ million
176:in 1988, becoming a
616:. 12 November 1982.
313:As a result of the
212:
20:
1274:Shell-Mex & BP
1198:Atlantic Richfield
575:The New York Times
210:
18:
1452:
1451:
1399:
1398:
1371:
1370:
1325:D'Arcy Concession
1229:Deepwater Horizon
1127:Deepwater Horizon
1119:Deepwater Horizon
1016:BP Portrait Award
816:Prudhoe Bay Trust
526:
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311:
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160:was originally a
155:
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1263:National Benzole
1166:Historical units
1134:Invasion of Iran
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780:
773:
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687:. 1 August 1985.
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509:1985 (6 months)
347:Oil, 1000 bbl/d
327:
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1330:North Sea crash
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1042:Robert Anderson
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123:Former Chairman
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1113:ARCO explosion
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1067:William D'Arcy
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1062:William Fraser
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811:Lightsource BP
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749:, held at the
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736:External links
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598:BNOC fades out
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170:FTSE 100 Index
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1248:Kent Refinery
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1155:Torrey Canyon
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1109:
1108:Abadan crisis
1106:
1105:
1103:
1101:Controversies
1099:
1093:
1090:
1088:
1085:
1083:
1082:Angela Strank
1080:
1078:
1077:Robert Horton
1075:
1073:
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1065:
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1058:
1057:Robert Dudley
1055:
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979:Thunder Horse
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860:Castrol India
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296:Viking (gas)
295:
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31:
27:
22:
16:
1445:expanding it
1438:
1392:expanding it
1385:
1317:
1313:BP Structure
1305:
1253:Helios House
1236:
1227:
1212:
1154:
1139:Iranian coup
1126:
1118:
1087:Doug Suttles
1072:Tony Hayward
989:Sponsorships
977:
960:
938:
931:
914:
838:Subsidiaries
724:
703:. Retrieved
693:
684:
678:
667:
648:
642:
613:
593:
582:
577:, 5 Feb 1988
574:
538:
535:
527:
323:
319:
312:
206:
198:nationalised
193:
189:
187:
157:
156:
128:David Walker
91:Headquarters
82:Acquired by
33:Company type
15:
1268:Pure Planet
1052:John Browne
1047:Sylvia Baca
829:BP Shipping
272:South Brae
158:Britoil plc
150:Natural gas
19:Britoil plc
1484:Categories
968:Sullom Voe
951:Oil fields
908:Facilities
658:0415142334
555:References
532:Key people
256:Murchison
248:Statfjord
162:privatised
132:Former CEO
110:Key people
1157:oil spill
1129:oil spill
1121:explosion
962:Sea Quest
956:Sangachal
946:Northstar
927:Kingsbury
899:Thorntons
806:BP Canada
794:Divisions
725:The Times
685:The Times
614:The Times
264:Beatrice
166:North Sea
146:Crude oil
47:Petroleum
1353:Category
1208:BP Solar
1021:BP Top 8
916:Atlantis
850:BP Pulse
823:(19.75%)
821:Rosneft
543:See also
224:Thistle
142:Products
99:Scotland
86:in 1988
43:Industry
1363:Commons
1213:Britoil
973:Sunbury
940:Mad Dog
855:Castrol
705:1 April
636:. 2014.
307:100.00
304:Andrew
280:Hutton
240:Ninian
232:Dunlin
184:History
180:of it.
95:Glasgow
69: (
61:Defunct
53:Founded
1218:Burmah
1035:People
933:Iolair
876:Brands
867:Jio-bp
801:Air BP
655:
299:50.00
291:51.00
288:Clyde
283:20.00
275:30.00
267:28.00
259:27.92
243:20.73
227:18.93
216:Field
1294:Other
1286:(49%)
1279:Sohio
1270:(24%)
1235:FPSO
1178:Amoco
888:Amoco
634:(PDF)
498:1549
491:1984
480:1252
473:1983
462:1088
455:1982
435:1981
415:1980
395:1979
390:(26)
387:(35)
375:1978
370:(31)
367:(43)
355:1977
330:Year
251:5.30
235:9.77
196:), a
178:brand
1441:stub
1388:stub
1335:Opal
1243:Iraq
1193:Aral
893:ARCO
883:Ampm
845:Aral
707:2020
653:ISBN
519:365
516:968
504:169
501:688
486:143
483:586
468:103
465:660
447:435
444:832
441:164
438:117
427:256
424:506
421:229
404:267
401:215
381:257
361:311
194:BNOC
103:U.K.
79:Fate
71:1988
64:1988
56:1975
573:on
522:91
450:73
430:67
418:85
410:33
407:69
398:64
384:54
378:10
364:28
37:PLC
1486::
787:BP
715:^
622:^
604:^
563:^
358:–
174:BP
148:,
101:,
97:,
84:BP
1472:e
1465:t
1458:v
1447:.
1419:e
1412:t
1405:v
1394:.
779:e
772:t
765:v
709:.
661:.
192:(
134:)
130:(
125:)
121:(
73:)
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