New mission for ageing platform
Towering above the waves in the middle of the North Sea, the ageing Forties Alpha platform should be nearing the end of its life.
Towering above the waves in the middle of the North Sea, the ageing Forties Alpha platform should be nearing the end of its life.
In the oil&gas industry, you cannot not begin by trying to look at the global picture, according to Sir Ian Wood.
One of Scotland's leading businessmen said last night that the North Sea oil and gas industry could be the saviour of the UK economy and haul the country out of its massive debt.
Throughout the twists and turns of 2008 - and, let's face it, there have been many - the UK oil&gas industry has continually sought to secure a constructive partnership with the Government department responsible for energy.
EVEN allowing for Total bringing Laggan/Tormore onstream, BP will remain cock o' the walk West of Shetland as operator of the Clair, Foinaven and Schiehallion fields. On November 26, Foinaven notched up 11 years of production. By any measure, this, the very first development West of Shetland, has been a success story, including attracting investment in infill drilling, pursuing satellite opportunities - notably East Foinaven I