Local Business North Sea set for bumper year of project sanctions, Woodmac says By Mark Lammey January 11 2018, 8:47 am January 11 2018, 8:47 am Share North Sea set for bumper year of project sanctions, Woodmac says Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1390168/north-sea-set-bumper-year-project-sanctions-woodmac-says/ Copy Link The Buzzard North Sea platform The UK North Sea will enjoy a bumper year for production and new project sanctions in 2018, a new report says. Energy consultancy Wood Mackenzie (Woodmac) said final investment decisions (FIDs) for up 14 projects are expected this year, the most since 2013. FIDs include Premier Oil’s Tolmount project, Shell’s Penguins area redevelopment and Nexen’s phase two development of the Buzzard field. Read more on Energy Voice here.
