UK OGA approves major gas field
The Oil & Gas Authority has approved the £5.6bn ($8.57bn) development of the Culzean gas and condensate field
The newly-created UK offshore regulator, Oil & Gas Authority, has approved the £5.6bn ($8.57bn) development of the Culzean gas and condensate field, operator Maersk Oil said 31 August. The high-pressure, high-temperature (HPHT) field in the Central North Sea is expected to produce enough gas to meet 5% of total UK demand at peak production in 2020/21. The Culzean field aligns with the UK's commitment to increased gas-fired electricity generation, Maersk said. Discovered in 2008 by Maersk Oil and its co-venturers, JX Nippon and UK major BP, the gas condensate field has resources estimated at between 250m and 300m barrels of oil equivalent (boe). Production is expected to start in 2019 and
Also in this section
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
