BP takes FID on new Shetland gas pipeline
BP confirmed it has started work on a long-mooted gas pipeline at the Sullom Voe terminal on Shetland.
BP confirmed it has started work on a long-mooted gas pipeline at the Sullom Voe terminal on Shetland.
BP has carried out its first 4D seismic survey of Clair Ridge, gathering data which will show how the reservoir has changed since initial readings in 2017.
Shetland has a long history of involvement in the North Sea oil and gas industry, and now the Rosebank oil field looks set to continue that history for decades to come.
Viaro Energy has outlined £500m spending plans in the UK sector, including new developments in the West of Shetland and Southern North Sea.
August update: K2, Leverett and Earn underway, and Norway takes off.
Ithaca Energy (LON: ITH) has paused its efforts to electrify assets in the West of Shetland, Energy Voice understands.
Other recent projects had a gap of two weeks.
The North Sea Transition Authority signed off on the ever-controversial Rosebank oil field this week and lit a tinderbox of political and environmental debate.
With Teal West and Victory expected to follow, Rosebank could be part of a 'bumper year' for UK FIDs in 2023.
Approval of the Rosebank oilfield is a “ray of light” for projecy partner Ithaca Energy, an analyst has said, after the firm was forced to take write downs of £58m linked to the windfall tax.
Equinor was asked that key question during a media briefing on the Rosebank oilfield on Wednesday.
Meanwhile 2030 "is the earliest time" electrification could be achieved - years after first oil.
TechnipFMC, Odfjell Drilling and Altera Infrastructure have been big contract winners at the Rosebank oilfield.
Equinor has taken a final investment decision with partner Ithaca Energy.
From Ithaca's Cambo to Shell's Victory, and everything in between…
Ithaca Energy CEO Alan Bruce discusses the farm-out, work on the Cambo FID and why the UK should be a bit more Norway. . .
Ithaca Energy (LON: ITH) will buy out Shell’s (LON: SHEL) stake in the Cambo oilfield, becoming the 100% owner of the West of Shetland project.
The West of Shetland Electrification Project programme manager, Daniel Sprich, discussed plans to source power for three major developments from onshore at an NSTA seminar.
Equinor (OSLO: EQNR) is still on track to approve the Rosebank oilfield in the West of Shetland this year, the UK boss of Equinor has said.
“On Cambo, Shell has a 30% share and our understanding is they are progressing well - hopefully that sales process will end soon. That will allow us to continue the project towards FID.”
Environmental regulator OPRED has opened up a public consultation on the new project which sits 29 miles off Shetland.
A section of a gas export pipeline in the waters to the west of Shetland has been displaced - with fishing gear understood to be the suspected cause.
Dozens of MPs have voiced opposition to approval of the Rosebank oilfield in a letter to the UK Government.
A senior figure at Equinor (OSLO: EQNR) says the Norwegian energy giant is expecting clarification on Rosebank in the not too distant future.
Concerns over the emissions intensity of Equinor’s Rosebank development could be holding up project sign off, according to reports.