Important Offshore Shetland Field Appraisal Agreed
Change Secretary, said: “This announcement by BP of a two year appraisal programme for the Greater Clair area West of Shetland is excellent news. It shows the industry’s commitment to maximise the potential in this area, which could hold up to 17% of our oil and gas reserves." John Hayes, Energy Minister, said: “Greater Clair is extremely significant as it reinforces West of Shetland as an important area of future oil and gas development. The initial investment in the appraisal programme will be greater than $500 million gross.
UK Energy Minister To Attend Decommissioning Event
UK Energy Minister John Hayes is due to speak at a new one-day event for the oil & gas decommissioning sector established to help overcome the challenges facing companies dealing with infrastructure that has come to the end of the lifecycle. He joins a line-up including some of the oil & gas decommissioning sector’s most experienced figures who will present at Decom Offshore 2013, being held by Decom North Sea (DNS), the offshore oil & gas decommissioning forum. It is taking place in Aberdeen on March 27. The aim of the day, entitled ‘‘Decom Offshore –
February 2025
