Britoil Plc

Sectors:

  • Extraction Oil & gas extraction

Notes:

Traced origins to British National Oil Corp, established in Glasgow by the British Government in 1975 to develop a publicly owned interest in the burgeoning North Sea oil exploration industry. Reorganised 1982 when business transferred to a new publicly owned entity, Britoil Plc, whose shares were sold to the public in two tranches, 1982 and 1985. Acquired by British Petroleum in 1988 and subsequently based in Aberdeen where responsible for much of BP's North Sea oil exploration [2023]

Groups: