Maersk Gets Approval To Develop Two Oil Fields In UK North Sea

Reuters

COPENHAGEN, May 28 (Reuters) - Maersk Oil, a unit in Danish shipping and oil group A.P. Moller-Maersk, said it has received approval from British and Norwegian authorities to develop the Flyndre and Cawdor fields.

The fields lie approximately 293 kilometres southeast of Aberdeen in the UK North Sea.

"The Flyndre well is expected to peak at around 10,000 barrels of oil per day with first oil expected in 2016, with Cawdor expected to peak at around 5,000 barrels per day with production beginning in 2017," Maersk Oil said in a statement.

Partners in the Flyndre and Cawdor fields development are Maersk Oil UK Limited, Talisman Sinopec Energy UK Limited, Talisman Sinopec North Sea Limited, Maersk Oil Norway AS, Statoil Petroleum AS and Petoro AS.

(Reporting by Ole Mikkelsen)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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