Scots firms to benefit from 2.7 billion Norwegian oil field

From Insider yesterday:

The Johan Sverdrup project in the Norwegian section of the North Sea is a joint partnership between Equinor and Lundin Norway , Petoro , Aker BP and Total . The field is thought to hold expected recoverable reserves of 2.7 billion barrels of oil equivalent and could produce up to 660,000 barrels of oil per day at peak. Although a Norwegian project, many Scottish oil and gas services firms will also benefit from contracts to work on it.

https://www.insider.co.uk/news/boost-north-sea-sector-huge-20528115

Earlier reports of the wider demand for Scottish expertise:

Scotland’s North Sea expertise earning globally In Energy Voice June 2018: ‘The chief executive of Ghana’s Petroleum Commission has said Aberdeen will play a “vital part” in the country’s upcoming “oil boom”. Ghana is set to award nine licensing rounds in the lead up to next April, with opportunities for “supermajors, contractors and service providers”. Ghana’s laws mean any company wishing to execute […]

Scotland’s North Sea producing more commercial innovations than ANY OTHER PART of the world! In Energy Voice yesterday: The North Sea is producing more commercial innovations than any other part of the world, according to a boss at Baker Hughes GE (BHGE). Romain Chambault, European director for oilfield equipment, said he has been impressed with the level of resilience the region has shown in the wake of the downturn. […]

Published by johnrobertson834

Retired Professor of Media Politics Not-for-profit independent political analysis

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