While focus has mostly been on the promising oil and gas fields West of the Shetland Islands, Norwegian Statoil and the British BP have now zoomed in on potential fields, this time East of the Shetland Islands.
That is to say that BP is buying into the licenses already held by Statoil in the region. This will be with an owner's share of 25 percent in the licenses P2275 and P2097, and a 40 percent stake in P2163 and P2147. The fields include the Jock Scott area, not yet fully developed, where a test drilling is expected to take place in the middle of 2017.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Ørsted aims to be number one on carbon capture
The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.
H2 Energy calls for faster offshore wind tender to accelerate PtX efforts
With its 1GW hydrogen production, Swiss H2 Energy Europe is among the companies confident in a booming hydrogen industry in Denmark in coming years. For Denmark to take the lead, political action is needed, the company notes.
Statnett warns of potential strained power situation in Norway
The map of Norway’s power situation has received a splash of yellow in the southern region due to low water levels and uncertainty over future import options.
Nordex downgrades forecast
The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.
Frontline CEO: Russian oil flows quite freely on the market
Frontline is not taking the ”moral high ground” in regards to Russia but complies with the existing sanctions. Large amounts of Russian oil are still passing through the market, said chief executive Tuesday.
Project Manager, Offshore Wind 
Senior Expertise Director, Green fuels and PtX 
Energy specialists - sales and consulting of heat pump solutions 
Head of Secretariat - The Indo-Danish Centre of Excellence for Offshore Wind and Renewable Energy 
Strategic project manager for the green transition 
Senior Logistics Site Manager 
Team Manager 
Marine Sales Executive - Performance Coatings 
Compliance Officer with an interest in sustainability 
Offshore Cable Installation Specialist for Energy Islands 
We are looking for advisers who will help shape the green transition and develop the business area "Sustainable Energy" 
Economists who are passionate about advocacy and industrial economics 
Engineer or physicist with an interest in energy, international work, supervision and regulation 
Junior Analyst for Power Solutions