China’s CNOOC is seeking a buyer for its Scott platform and its stakes in associated oilfields in the British North Sea, three banking and industry sources told Reuters recently.
CNOOC appointed Lambert for the sale which could fetch several hundred million dollars if CNOOC retains decommissioning liability, but if it does not, the package might change hands for very little, three sources said.
The Scott platform ties into the Forties Pipeline System and the St. Fergus gas terminal.