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
28 March 2024
The country’s largest gas field is a bright spot for the North Sea, boasting cleaner operations amid a changing mood in Europe over hydrocarbons
28 March 2024
Whether OPEC+ starts to unwind its oil production cuts from June will depend on heavily debated unfolding supply-demand balances
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources