- Total (TOT) says it will develop the Edradour gas field in the U.K.'s West of Shetland area, after negotiating lower costs with contractors and buying a 60% stake in the neighboring Glenlivet field.
- Edradour and Glenlivit, which will add 65M boe of reserves, will be tied to the Laggan-Tormore hub to process gas from fields in the North Atlantic, with a capacity of 90K boe/day; TOT says the project, due to start up this year, will help it become the U.K.’s biggest producer in 2015.
- TOT owns 75% of Edradour, with partner Dong Energy holding the rest.
Total launches Edradour gas field development
From other sites
at Nasdaq.com (Jan 16, 2015)
at CNBC.com (Jan 15, 2015)
at CNBC.com (Jan 13, 2015)
at Nasdaq.com (Jan 13, 2015)
at Nasdaq.com (Jan 8, 2015)
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