BP Gets Green Light for North Sea Project
BP has received approval from the UK’s Oil and Gas Authority (OGA) to proceed with the Vorlich development in the central North Sea.
The project, which BP says will target 30 million barrels of oil equivalent, is expected to come online in 2020 and produce 20,000 barrels gross of oil equivalent per day at peak.
Vorlich, a two-well development around 150 miles east of Aberdeen, will be tied back to the Ithaca Energy operated FPF-1 floating production facility, which lies at the center of the Greater Stella Area production hub.
“BP is modernizing and transforming the way we work, with a focus on accelerating the pace of delivery of projects like Vorlich,” BP North Sea Regional President, Ariel Flores, said in a company statement.
“Without compromising safety, we want to simplify our processes, reduce costs and improve project cycle time to increase the competitiveness of our North Sea business. This is increasingly important as competition for global investment funds gets stiffer,” Flores added.
“While not on the same scale as our huge Quad 204 and Clair Ridge projects, the Vorlich development provides another exciting addition to our refreshed North Sea portfolio and further demonstrates BP’s commitment to the North Sea,” Flores continued.
Scott Robertson, central North Sea area manager at the OGA, said the organization is pleased to approve the Vorlich project.
“The field will make an important contribution to our Maximizing Economic Recovery UK (MER UK) priority as a valuable tieback utilizing existing infrastructure and by maximizing value from the Greater Stella Area hub,” Robertson said in an OGA statement.
BP announced its intent to develop Vorlich and Alligin, another project in its subsea tieback program, back in April. Alligin, which is also expected to come online in 2020, is a two-well development west of Shetland that will be tied back to BP’s Glen Lyon floating, production, storage and offloading vessel.
BP has interests in several projects within the North Sea but counts Quad 204 and Clair Ridge among its major developments within the region.
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