Business BP sanctions two new North Sea developments By Mark Lammey April 10 2018, 12:41 pm April 10 2018, 12:41 pm Share BP sanctions two new North Sea developments Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/1451233/breaking-bp-sanctions-two-new-north-sea-developments/ Copy Link The Glen Lyon FPSO BP said today that it would develop two new North Sea fields capable of pumping out 30,000 barrels of oil per day. Investment in the Alligin and Vorlich satellite fields is expected to exceed £420million. Together, they hold about 50million barrels of recoverable oil and gas. First oil from both fields is slated for 2020. Alligin will be tied back to BP’s Glen Lyon vessel, stationed west of Shetland. To read more on Energy Voice, click here.
