Energy group Taqa said the development plan for its Cladhan field in the North Sea had been approved by the UK Government.
The first phase will comprise two producer wells and one injection well.
Cladhan is expected to produce more than 17,000 barrels of oil equivalent per day for a start, with first oil expected in the first quarter of 2015. Production will be tied back to Taqa’s nearby Tern Alpha platform.
Leo Koot, managing director of Taqa’s UK business, said Cladhan was the third field Taqa had developed in the North Sea and the largest project to date.
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