BP

BP has made commitments to develop two new North Sea projects, which it expects to produce a gross 30,000 BOE/D at peak output. West of Shetland, the two-well Alligin project will be tied back to the company’s Glen Lyon floating production, storage, and offloading (FPSO) vessel. In the central North Sea, the two-well Vorlich project will be tied back to Ithaca Energy’s FPF-1 FPSO facility. The two new BP-operated fields are anticipated to start up in 2020. The company has a 50% interest in Alligin with Shell holding the remaining stake. BP has a 66% interest in Vorlich with Ithaca Energy holding the remaining stake.


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