EXPLORATION

West of Shetland hope

SOME RECENT activity in the underexplored West of Shetland could make it a bastion of hope for a UK oil sector reeling from continued jobs losses, if it can only get over infrastructure issues that are critical in the area which has some extreme metocean conditions.

Just three independent operators received licences in the area in the 28th licensing round - Hurricane Energy, Parkmead Group and Chrysaor. Hurricane is focused on the UK Continental Shelf's fractured...

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