BNOC - What does BNOC stand for? The Free Dictionary
References in periodicals archive
In 1982, BNOC
became Britoil and was privatized and purchased in 1988 by BP.
Not content with both these revenue streams, her government also privatised the BNOC
, losing both its future revenues and control of the extraction rate too.
Upon the breakup of the BNOC
, Bob joined British Petroleum (BP) where his interpretations led to the discovery of the major east flank of the Bruce Field.
He eventually moved to BNOC
(British National Oil Company) which acquired most of Burmah's North sea assets and he became the company's legal manager for all operated activities and then one of the triumvirate of lawyers who ran the legal department.
b) a waiver by LASMO of BP's potential future liability (as successor to BNOC
in block 13/29a) for any payment under the Sixth Round arrangement known as the Ross carry; and