Fossil energy – production
Production has kicked off at a major project designed to extend the life of one of the North Sea’s largest producing fields, Buzzard.
Operator CNOOC has confirmed first oil from the £500million Buzzard Phase 2 development, located around 62 miles north-east of Aberdeen in average water depths of about 96 metres.
The second phase is forecast to reach its peak production of approximately 12,000 barrels of oil equivalent per day (boepd) next year.
It will take Buzzard’s total production to 80,000 boepd in total.