Talks under way on North Sea field liabilities

Decommissioning has started of the FPSO serving the recently shut-down Ettrick and Blackbird fields in the UK central North Sea, according to partner Atlantic Petroleum.

 

The Nexen-led group is discussing outstanding and ongoing liabilities with respect to the assets.

 

In the northern UK sector, Atlantic  expects to receive a 2-4.35% revenue share from the Orlando field once it starts production, currently expected in the second half of 2018, via a subsea tieback to CNR’s Ninian field complex.