ATHENS, Greece — Energean has agreed to assume responsibility for decommissioning two shut-in gas fields in the UK southern North Sea.
The company gained majority equity stakes in Tors and Wenlock following its acquisition of Edison Exploration & Production in 2020. Tors ceased production in 2020 and Wenlock in 2022.
Alpha Petroleum, which had operated both fields, was acquired by Waldorf Production in 2022.
Energean and Waldorf have agreed that as the majority equity holder, Energean should take control. The company has assembled a team led by Andrew Shepherd, UK decommissioning manager, to execute the approved work plan.
