Jersey Oil and Gas is resetting the timeline for its flagship Buchan field, which had been due for an investment decision next year, in order to allow for electrification studies to take place.
Greater Buchan Area
Jersey Oil and Gas said today that 2020 had been an “important year of consolidation” as it forged ahead with plans to redevelop the Greater Buchan Area (GBA) of the North Sea.
Jersey Oil and Gas has wrapped up its acquisition the remaining 12% of the Verbier discovery in the UK North Sea.
Jersey Oil and Gas is ready to test the market’s interest in its Greater Buchan Area (GBA) again after unveiling its £1 billion development concept, with platform electrification as a cornerstone.
A Schlumberger study has brought a “significant uplift” to resource estimates at the Buchan oilfield in the North Sea, Jersey Oil and Gas (JOG) has announced.
London-listed Jersey Oil and Gas has agreed to buy the remaining 12% of the licence containing the Verbier discovery in the outer Moray Firth.
Jersey Oil and Gas said today that a new, fixed platform would be its preferred option for developing its flagship Greater Buchan Area (GBA) in the North Sea.
North Sea minnow Jersey Oil and Gas said today that it is well placed to ride out the coronavirus and low crude price storm.
The Oil and Gas Authority (OGA) has confirmed there will be no new offshore licensing round in 2020 after implementing a “temporary pause”.
Jersey Oil and Gas is back on the hunt for partners to develop its Verbier discovery after energy giant Equinor decided to sell back its 70% stake.
Jersey Oil and Gas has awarded contracts to Rockflow Resources and Petrofac for the development of its licences in the Greater Buchan Area (GBA).
North Sea minnow Jersey Oil and Gas (JOG) saw its share price skyrocket by 140% yesterday after an announcement on new licensing awards.
A handful of firms have been awarded blocks in a specific offshore licensing round to develop the Greater Buchan Area in the North Sea.
North Sea acreage containing up to 300 million barrels of oil has been put up for grabs.
The Oil and Gas Authority (OGA) will unleash a treasure trove of data to help unlock up to 300 million additional barrels from the Greater Buchan Area.
The Oil and Gas Authority (OGA) has announced it will open a new licensing round, targeting up to 300million barrels of oil in an under-developed area of the North Sea.