Andrew Benitz, CEO of JOG
JOG mulls myriad GBA options
The firm is working with potential partners on a range of outcomes for its UKCS redevelopment project
UK independent Jersey Oil & Gas (JOG) is engaged with multiple counterparties in the farm-out process for its North Sea Greater Buchan Area (GBA) project. And that process has also led it to broaden the development solutions it is evaluating with various interested parties beyond its previous concept of a new platform to replace decommissioned and removed infrastructure from Buchan’s initial 1981-2017 producing life. “One of the great advantages of the GBA is its location,” JOG CEO Andrew Benitz tells Petroleum Economist. “It sits right in the heart of the Central North Sea and the Outer Moray Firth and that gives us some optionality on how we take the project forward in terms of the dev
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
