North Sea Pelican redevelopment gets green light

Britain’s Energy Minister has approved TAQA Bratani’s revised development plan for its Pelican field in UK North Sea block 211/26a.

Offshore staff

ABERDEEN, UK -- Britain’s Energy Minister has approved TAQA Bratani’s revised development plan for its Pelican field in UK North Sea block 211/26a.

This will include additional development drilling. As a result, the investment will qualify for the government’s new Brown Field tax allowance on older North Sea fields.

Leo Koot, managing director, said: “The allowance will enable us to extend the field life of Pelican and it also encourages future investment in the UK continental shelf.”

Pelican is a subsea satellite tieback to TAQA’s Cormorant Alpha platform and produces around 5,000 b/d of oil.

3/7/2013

More in Field Development