TAQA Gets Approval for Morrone UK North Sea Field Development


DUBAI, Dec 16 (Reuters) – Abu Dhabi National Energy Co, or TAQA has received approval from the UK government to develop the Morrone field in the Central North Sea, it said on Monday.

United Arab Emirates-based TAQA expects to start production in the third quarter of 2014, with initial production of over 3,000 barrels of oil equivalent per day (boepd)

"Reaching this milestone so quickly is due to an intense effort by TAQA's subsurface and wells teams, close collaboration with our partners, and a smooth transition of operatorship of the field from BP in June 2013," Pete Jones, Managing Director of TAQA's UK business, said in a statement.

TAQA holds a 70 percent interest in Morrone, with Maersk Oil North Sea UK Limited holding 30 percent.

(Reporting by Daniel Fineren; editing by Keiron Henderson)


Copyright 2017 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Contract Specialist
Expertise: Contracts Administration
Location: Lake Charles, LA
Division Order Analyst - DJ Land Administration
Expertise: Business Analyst|Commercial Management|Landman
Location: Denver, CO
Lead Riser Engineer
Expertise: Project Engineer|Subsea Engineering|Umbilicals, Risers and Flowlines
Location: Houston, TX
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours