February 04, 2025 09:36 GMT
OIL: Shell Restarts North Sea Penguins Production
OIL
Shell has restarted production at the 45k boe/d Penguins field in the UK North Sea, according to the company’s website.
- The restart comes following the start-up of an FPSO at the field, which is expected to extend the field’s life by 20 years.
- Penguins had previously exported via the Brent Charlie platform, which ceased production in 2021.
- The field currently has 100m boe of estimated recoverable reserves.
- Oil from the field will be transported by tanker to refineries outside the UK.
- Natural gas from the field will be transported through the existing pipeline to the St Fergus gas terminal.
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