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In a year where many companies are cutting discretionary spend and delaying investment in response to the low oil price, Culzean sanction is positive news for the UK. It is by far the largest field in both size and spend approved in the UK this year. However, the FID also stacks up globally – it is the fourth largest investment sanctioned this year behind Johan Sverdrup (Norway), the West Nile Delta fields (Egypt) and Appomattox (GoM).
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Maersk sanctions Culzean high-pressure, high-temperature gas field PDF - 1014.44 KB 2 Pages, 0 Tables, 2 Figures
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This Upstream Oil and Gas Inform report highlights the key issues surrounding this topic, and draws out the key implications for those involved.
This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.
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Inform | Aug 2015
Maersk sanctions Culzean high-pressure, high-temperature gas field
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