British National Oil Corporation
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. 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.
Sources of Information
- The Engineer 1982/07/29 and 1982/08/05
- The Engineer 1982/09/30