TAQA launches oil production at UK field

Abu Dhabi-Mubasher: Abu Dhabi National Energy Company (TAQA) announced first oil production from the Cladhan field in the UK North Sea.

TAQA is operator of Cladhan, with a 64.5% interest, while its co-venturers Sterling Resources (UK) and MOL Group hold a 2% and 33.5% interest, respectively.

“Developing Cladhan as a tie-back to Tern underlines our commitment to invest in infrastructure and to maximize economic recovery in the North Sea,” said Peter Jones, TAQA’s UK managing director.

Mubasher Contribution Time: 29-Dec-2015 12:41 (GMT)