Grace's Guide

British Industrial History

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British National Oil Corporation

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British National Oil Corporation (BNOC) a British oil company operating in the North Sea.

1975 The company was originally formed, as a publically-owned body, under the Petroleum & Submarine Pipe-lines Act 1975. Its objective was to maintain adequate oil supply levels.

1982 The business of BNOC was transferred to the new company, Britoil, in August[1]. Shares in Britoil were then issued on the London Stock Exchange in two stages in 1982 and 1985.

1982 A dish satellite terminal designed by Britoil and built by Ferranti was installed on the roof of Britoil's Centenary House in Glasgow. It was a receive only terminal featuring a 3m diameter Andrew Antenna aluminium dish supported on a steel frame.[2]

1988 The company was bought by British Petroleum.[3]

See Also

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Sources of Information

  1. The Engineer 1982/07/29 and 1982/08/05
  2. The Engineer 1982/09/30
  3. Wikipedia