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
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
