The second-phase development of the Clair field, the Clair Ridge project, located 75 km (47 mi) west of Shetland has commenced.
The Clair Ridge field, discovered in 1977, designed for 40 years of production, contains an estimated 7 Bbbl. BP commissioned two new, bridge-linked platforms and oil and gas export pipelines for the project at a total cost of over £4.5 billion. The field should recover around 640 MMbbl of oil with an eventual plateau output of 120,000 b/d. Read more…