New North Sea operator Taqa Bratani has signalled plans for a £400 million spend on its UK assets next year to keep oil flowing from its recently acquired fields. To continue production from its Northern North Sea assets, which comprise the Cormorant North and South fields, plus Tern and Eider, Taqa says it will need to keep investing to ensure it can continue production from those assets, which it acquired from Shell and ExxonMobil towards the end of last year.
Green Marine
about 17 years ago
Taqa indicates future North Sea spend
New North Sea operator Taqa Bratani has signalled plans for a £400 million spend on its UK assets next year to keep oil flowing from its recently acquired fields. To continue production from its Northern North Sea assets, which comprise the Cormorant North and South fields, plus Tern and Eider, Taqa
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