BP resumes gas flow from Rhum in North Sea

BP confirms it has restarted gas production at the Rhum field in the UK central North Sea.

Offshore staff

LONDONBP confirms it has restarted gas production at the Rhum field in the UK central North Sea.

The field was developed as a subsea tieback to the BP-operated Bruce production complex. However, production was suspended in 2010 following the imposition of sanctions against Iran – ownership of Rhum is divided between BP and theIranian Oil Co. (IOC).

Last year, the UK government said it supported a field re-start, both to prevent the possible erosion of Rhum’s value – domestically produced gas is an increasingly precious commodity in the UK – and to avoid potential environmental damage. At the time, the government said IOC would receive its share of the revenues from gas sales at Rhum, although would be placed in a frozen account while the sanctions remained.

10/29/2014

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