TAQA Takes Over as Operator of North Sea Brent System
TAQA Bratani Limited, the UK arm of the Abu Dhabi National Energy Company PJSC (TAQA), is the new operator of the North Sea Brent System pipeline and facilities. TAQA takes over from Shell UK Exploration and Production, which held the position since mid 1970s.
Leo Koot, TAQA Bratani Managing Director, said, "This is an excellent fit with TAQA's growing North Sea portfolio and underlines our commitment to being a major player among the energy producers for the UK. This is the latest step in our North Sea activity program which this year already has seen TAQA increase production from our operated assets, initiate drilling and near-field exploration.
"Operating the Brent System is a serious undertaking. TAQA has recruited experienced staff and installed first class IT and systems infrastructure to enable us to advise and liaise with our Brent System Partners."
The Brent System is a partnership between companies who each own a share in the System. It consists of a proportion of the processing systems and structure on the TAQA-owned/operated Cormorant Alpha platform as well as the 150km pipeline connecting Cormorant Alpha to the BP operated Sullom Voe Oil Terminal in the Shetland Islands. TAQA owns a 24% share in the Terminal.
The Brent System is responsible for transporting around 100,000 bbls/d of oil from some 20 North Sea fields, accounting for almost 60% of the Sullom Voe Terminal input and around 8% of UK offshore oil production.
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Company: Abu Dhabi National Energy Co.(TAQA) more info
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