Tailwind posts 2021 profits of £80m ahead of Evelyn and Gannet E start-up
North Sea oil and gas firm Tailwind Energy has reported 2021 pre-tax profits of more than £80 million.
North Sea oil and gas firm Tailwind Energy has reported 2021 pre-tax profits of more than £80 million.
A video has been released showing work taking shape on the Tailwind Energy-operated Evelyn development and the Gannet E expansion project in the North Sea.
Stena Drilling has won work for a drilling campaign with Petrofac in the UK North Sea for Tailwind’s expansion of the Gannet E field.
Tailwind Energy has completed a development well for the Evelyn field in the North Sea.
Bosses at Tailwind Energy said the North Sea oil firm’s “tremendous” performance during the Covid pandemic had set up a “year of investment” in 2021.
UK oil and gas firm Tailwind Energy intends to install a second pipeline to increase production from the Gannet E field in the UK central North Sea.
Regulators have given oil and gas firm Tailwind Energy the green light to press ahead with its Evelyn project in the UK North Sea.
Oil and gas minnow Tailwind Energy is pressing ahead with a project to develop the Evelyn field in the central North Sea.